$2,794,000

2365 Parr Drive

THE VILLAGES FL, 32162

Description

Located on "Banker's Row" in The Villages. This is a rare opportunity to find one of these ground leases come available. Located on corner of C 466 with a full median cut into Preston Dr. This parcel also corners with Parr Dr. in the rear of the property.This is the easiest bank to get into and its right across 466 from the best section of Restaurants and Retail Shopping that The Villages has to offer. This section has some of the highest traffic counts in The Villages at 24,000 average daily trips. This is a absolute triple net lease with 4 years plus on the lease left, with 4-5 year extensions. Income is $167,970 a year and a 6% Cap Rate, Annual Rent Bumps tied to CPI. The actual building is 5,319 square feet with a 1,225 sf Drive thru. Please do not disturb tenant. A confidentially agreement will be required to sign before the lease can reviewed. This parcel has golf cart access!!

Details

MLS#G5023044
StyleIndustrial
Sub-TypeResale
StatusActive
Year2004
Days On Site27

Features

SQ Feet6,544
Story(s)1
ZoningCL

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Area Information

StateFL
CountySumter
CityTHE VILLAGES
Zip Code32162
Area32162 - Lady Lake/The Villages
Listing VS Median (in 32162)
Price:
$2,794,000
low | high
Med:
$285,000
100% of Average
SqFt:
6,544
low | high
Med:
1,527
100% of Average
$ / SqFt:
$427
low | high
Med:
$187
100% of Average
On Site:
27
low | high
Med:
45
60% of Average
Listing Updated: 12/13/2019
MLS Number: G5023044
Listing Provided By:
Danny Smith  of  SMITH SMITH REALTY INC

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