The Villages, FL 32162,2365 PARR DR
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The Villages, FL 32162,2365 PARR DR
The Villages, FL 32162,2365 PARR DR
The Villages, FL 32162,2365 PARR DR
The Villages, FL 32162,2365 PARR DR

$2,675,000

Est. payment /mo

$2,794,000

4.3%
Est.Price: ?

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2365 PARR DR The Villages, FL 32162

5,319 SqFt

SOLD DATE : 05/08/2020

Key Details

Sold Price $2,675,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

Square Footage 5,319 sqft

Price per Sqft $502

Subdivision Villages Financial Center

MLS Listing ID G5023044

Sold Date 05/08/20

HOA Y/N No

Year Built 2004

Annual Tax Amount $25,538

Lot Size 1.610 Acres

Acres 1.61

Lot Dimensions 175 x 345

Property 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!!

Location

State FL

County Sumter

Community Villages Financial Center

Zoning CL

Interior

Cooling Central Air

Building

Lot Size Range One + to Two Acres

Structure Type Brick

New Construction false

Others

Pets Allowed No

Ownership Other

Special Listing Condition None

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Stellar MLS
Listed by SMITH & SMITH REALTY, INC
Bought with OUT OF AREA REALTOR/COMPANY

Jeramiah Bustin

License Partner - Broker Associate

+1(813) 857-2120

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