Sold $800,000.00 - Industrial, Investment
7% CAP Rate with Owner Financing
440 Plumosa Ave, Unit 200, Casselberry, FL 32707
6,000 SF unit available (Just Renovated in summer of 2020)
Suite 200 – 3,000 SF office/3,000 SF warehouse
Zoned CS, City of Casselberry, 2/1000 Parking Ratio, (2) 10’x12’ grade level doors
3-Phase power available; 12’-14’ ceiling, LED lighting, Roof Warranty, New HVAC
4 Years left on a 5-year term. NOI is $55,620 with 3% increases
Seller Financing: $200K down, $600K note at 6.5% IO on a 10-year term (must qualify)
8% ROI or $16,620 a year profit over expenses