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$ 650,000
Est. payment /mo
New
91 BRANSCOMB RD #1 & 2 Green Cove Springs, FL 32043
2 Baths
2,491 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 2,491 sqft
Price per Sqft $260
MLS Listing ID 2079422
Originating Board realMLS (Northeast Florida Multiple Listing Service)
Year Built 2006
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Office
Property Description
Prime Commercial Investment Opportunity with Long-Term Tenant
This exceptional commercial property offers a stable and lucrative investment opportunity, featuring a long-term tenant who recently renewed their lease for an additional 3 years. With a current annual rental income exceeding $47,000, this asset provides a reliable revenue stream, with rental income set to increase to over $50,000 by the third year of the lease.
The property is strategically located in a highly sought after area of Lake Asbury, making it an ideal choice for investors seeking consistent returns. The tenant's lease renewal demonstrates a commitment to the location and further enhances the stability of this investment.
Key Highlights:
Long-term tenant with a 3-year lease renewal
Current annual rental income: $47,000+ with an increase to over $50,000 by year 3
This property offers a rare opportunity to secure a solid, income-generating asset with significant upside potential.
This exceptional commercial property offers a stable and lucrative investment opportunity, featuring a long-term tenant who recently renewed their lease for an additional 3 years. With a current annual rental income exceeding $47,000, this asset provides a reliable revenue stream, with rental income set to increase to over $50,000 by the third year of the lease.
The property is strategically located in a highly sought after area of Lake Asbury, making it an ideal choice for investors seeking consistent returns. The tenant's lease renewal demonstrates a commitment to the location and further enhances the stability of this investment.
Key Highlights:
Long-term tenant with a 3-year lease renewal
Current annual rental income: $47,000+ with an increase to over $50,000 by year 3
This property offers a rare opportunity to secure a solid, income-generating asset with significant upside potential.
Location
State FL
County Clay
Area 163-Lake Asbury Area
Direction Located next to Winn-Dixie and McDonald's on Henley Rd.
Exterior
Parking Features Additional Parking
Private Pool No
Building
Lot Description Corner Lot
Story 1
Level or Stories 1
Others
Tax ID 21052501009401602
Listed by NORTH FLORIDA REALTY ADVISORS