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One or more photo(s) has been virtually staged. One or more photo(s) has been virtually staged. Florida Commercial Group presents 3605- 3615 E. 7th Avenue. This property consists of a 4-building portfolio of 5 available spaces. Ready for occupancy is an oversized warehouse and 2 office buildings, one of which features an adjoined warehouse space. The entire property has been completely renovated from top to bottom and spans 1. 19 acres offering 255’ of direct frontage and signage on east 7th Avenue. A rare investment potential or owner/ user opportunity, this property offers many occupancy options: a new owner may occupy both offices and warehouses, or all of the buildings may be leased out individually or as a collective, or the owner may occupy part of the property and lease out the remaining buildings. The choice is yours. There is plenty of onsite parking and the entire property is fenced. The IG zoning of this property provides excellent flexibility for distribution, manufacturing, mixed use, a workshop and or storage. Included in the purchase of this unique industrial package is Building A: 3, 432 SF and currently tenant occupied by a long-standing Bakery tenant. This tenant signed their NNN lease in 2017 for 15 years with 3% yearly increases. Building B offers a move-in ready, oversized, 6k SF newly renovated, high- end office with all the bells and whistles. There is plenty of natural lighting throughout and lots of office suites for staff or private workspaces. This building features top quality, full renovations to the kitchen and offices. There is also a gym onsite along with updated restrooms and private showers. Affixed to this office at the rear of building B is a 1K SF warehouse that may be used in conjunction with the 6k SF office. Located at the back of the property and adjoining building B is a 4K SF warehouse considered building C. This building boasts +33’ ceiling heights and 2 grade level roll up doors. A wide-open layout and is also move-in ready. Directly across from building C is building D, a fully renovated 2K SF office building that is move-in ready and boasts 3-4 offices, a kitchen/ breakroom and plenty of onsite parking. The current owner can vacate at the close of purchase allowing an investor to select a new tenant at market rate and terms or to allow for an owner/ user to grow their assets and operate their own facility. Florida Commercial Group can stay on as property manager for the new owner. Both office buildings are fully furnished. Call today for a showing and additional details.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $3,680,000 | $3,680,000 | $3,680,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.241% | 6.110% | 5.972% |
| Monthly Tax Payment | $3,394 | $3,394 | $3,394 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $20,895 | $22,063 | $30,559 |
| Total Monthly Payment | $24,414 | $25,582 | $34,078 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.