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NNN investment opportunity in Sarasota County with 7.5% CAP. Freestanding office condominium building located in Toledo Blade Professional Center, off of Toledo Blade Blvd. Located among other small professional and medical offices. The tenant is Progressus Therapy, LLC. PROPERTY HIGHLIGHTS • 5 Year Lease • 3% annual base escalation rate • Tenant has 2 options to renew the lease for 5 years each with 3% annual increases to base rent • Pass-Through expenses will be capped at 4% annually • Year 1 gross income $108,000 • Year 1 pass-through expenses $24,000 • Year 1 net operating income $84,000 See brochure for full details

Property Details of 2568 & 2574 Commerce Parkway

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Listed by Kayla Weiss of COLDWELL BANKER RESIDENTIAL RE

North Port, FL Demographics

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North Port, FL Schools

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Based on information submitted to MFRMLS as of January 24, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or MFRMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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