5834 FL-100 - Bank FOR SALE
Palm Coast, FL 32164 |
$4,409,000 USD
561-427-6699
5834 FL-100
Palm Coast, FL 32164
HIGHLIGHTS
- Space Coast Credit Union has grown to 67 branches and $9 Billion in assets making it one of the largest credit unions in FL
- Absolute Net Lease provides completely passive ownership and stable cash flow for absentee owner
- Fee simple ownership of the building allows for depreciation boosting after tax returns
- Flagler County is the 3rd fastest growing County in the state of FL with annual population growth of +/- 4%
- Fixed 10% increases every 5 years provide a hedge against inflation and consistent rent growth
- Located in between high volume retailers (Super Target, BJ's Wholesale Club), and new master-planned communities (2,000+ homes)
FOR SALE DETAILS
PRICE
$4,409,000 USD
PRICE/SF
$1,764 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Space Coast Credit Union | 5.50% CAP | 15-YR
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
ADD'L SUBTYPES
Bank, Fast Food, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2026
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.85 AC
LAND SF
37,019 SF
ZONING
Commercial
APN/PARCEL ID
08-12-31-4946-00000-00A0
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561-427-6699
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561-427-6699
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