Bought with STELLAR NON-MEMBER OFFICE
$1,100,000
$1,250,000
12.0%For more information regarding the value of a property, please contact us for a free consultation.
1,530 SqFt
SOLD DATE : 09/12/2022
Key Details
Sold Price $1,100,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 1,530 sqft
Price per Sqft $718
Subdivision Southern Investment Co
MLS Listing ID A4487901
Sold Date 09/12/22
HOA Y/N No
Year Built 1984
Annual Tax Amount $3,489
Lot Size 0.410 Acres
Acres 0.41
Property Sub-Type Mixed Use
Source Stellar MLS
Property Description
Enterprise has been in this location continuously since 1995. Lease is absolute net with exception of the roof which has 5 years left on warranty. Enterprise recently spent about $100,000 in renovation of the building. Traffic is 66,500/day
Rent is presently $49,800/yr. with 3% annual escalators. Just re-leased in 2015 for 10 yrs. with 2/5 yr options.
Enterprise Rent A Car is owned by Enterprise Holdings which also owns National Car Rental and Alamo Rent A Car. Enterprise Holdings is a family-owned, world-class portfolio of brands. They operate a global network that operates in nearly 100 countries, over 600 airports, with 80,000 employees and nearly 1.7 million vehicles. They lead the transportation service industry. They are a family-owned conglomerate doing over $25 billion in business last year.
Location
State FL
County Manatee
Community Southern Investment Co
Area 34208 - Bradenton/Braden River
Zoning C1A
Direction E
Interior
Cooling Central Air
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Structure Type Brick,Metal Frame
New Construction false
Others
Ownership Sole Proprietor
Special Listing Condition None
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