Business For Sale; 99 -- Multiple, General & Unclassified; OFFICE BUILDING.A CLASS 'A' 2 STORY OFFICE BUILDING ON US 1 (DIXIE HIGHWAY The Dixie Highway was a United States automobile highway first planned in 1914, to connect the US Midwest with the Southern United States. It was part of the National Auto Trail system, and grew out of an earlier Miami to Montreal highway. ) IN PALM BAY, FLORIDA Palm Bay is a city in Brevard County, Florida, United States. The city estimated its population at 107,538 on 28 July 2007;[3]; it is the most populous city in the county. . IS ACROSS STREET FROM THE INTERCOASTAL in·ter·coast·al adj. Relating to, involving, or connecting two or more coastlines: intercoastal trade. WATERWAY, THE BUILDING HAS 4 SUITES, 3 @ 1,480 SQ.FT. AND 1 @ 2,423 SQ.FT. ALL SUITES INCLUDE A GARAGE.HAS ELEVATOR. THREE OF THE 4 SUITES ARE RENTED WITH 1 BAY (20%) AVAILABLE. 3 SUITES ARE RENTED FROM $16 TO $17 A SQUARE FOOT PLUS CAM. SUITE 'A' HAS BEEN LEFT OPEN FOR A BUYER-USER. CASH-ON-CASH RETURN Cash-on-Cash Return A rate of return often used in real-estate transactions. The calculation determines the cash income on the cash invested: IS 7%. IF FULLY RENTED IS 9.04%.BUILT TO HURRICANE STANDARDS INCLUDING WINDOWS. Selling Price: $1,250,000 Gross Annual Sales: $154,250 Region: Southeast (AR LA TN MS AL GA FL) Listing #:31607 (B) [To receive the contact name for this listing, reference the five-digit number which follows each listing and e-mail to FirstList, mergers@firstlist.com. FirstList will forward the contact pertaining to the principal or intermediary representing the business for sale.] |
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