1994-2004 PLACID LAKE Blvd | Lake Placid, FL 33852
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1994-2004 PLACID LAKE Blvd
Lake Placid, FL 33852
Placid Lakes Plaza - Lake Placid, FL · Retail Property For Sale
Investment Highlights
- Gas Station Tenant With a 20-Year Absolute Triple Net (NNN) Lease as the Anchor Tenant, Providing a Stable & Long-Term Income Stream
- Opportunity to Convert Gross Leases to NNN and Extend Current Terms to Maximize Profitability
- Located in the Income Tax-Free State of Florida, Offering a Favorable Financial Environment For Investors
- Four (4) of the Five (5) Units Are Fully Occupied, With Flexible Leases Below Market Rent, Offering Immediate Cash Flow
- Expansive Property Spanning Over 5 Acres, Providing Ample Room For Expansion and Development, Contributing to Increased Cash Flow
- C-Stores Have the Potential to Qualify For Bonus Depreciation; Please Consult Your Tax Attorney or CPA to Discuss This Further
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
6,280 SF
Building Class
C
Year Built
1977
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.03
Lot Size
5.07 AC
Zoning
B2
Parking
65 Spaces (10.35 Spaces per 1,000 SF Leased)
Frontage
248 ft on Placid Lake Blvd
Amenities
- Pylon Sign
PROPERTY TAXES
| Parcel Number | C-14-37-29-090-00B0-0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $637,554 |
PROPERTY TAXES
Parcel Number
C-14-37-29-090-00B0-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$637,554
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
