For more information regarding the value of a property, please contact us for a free consultation.
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
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1984
Annual Tax Amount $3,489
Lot Size 0.410 Acres
Acres 0.41
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
Zoning C1A
Direction E
Interior
Cooling Central Air
Exterior
Waterfront false
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Structure Type Brick, Metal Frame
New Construction false
Construction Status Inspections
Others
Ownership Sole Proprietor
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with STELLAR NON-MEMBER OFFICE
GET MORE INFORMATION