Auburndale Downtown Center Office/Retail

Exceptional commercial property in growing downtown Auburndale, FL. Perfect owner/user or investor opportunity. There is a long term tenant in the building currently, paying $12.60 PSF, triple net. Landlord and tenant each have a 90 day out.

The office is tastefully finished and comprises a central lobby/hallway, rear file storage space, and four potential office suites with slightly different layouts for each. Each suite contains an open area, which can double as a reception area, and each have 2-4 private offices.

From an owner user standpoint, the property can be used by an entire company or altered to combine all or part of the spaces.

Current rent - $12.60 PSF, triple net. Market rate - $16.00 PSF. Possibility of increasing rent from $45,000 - $57,600.

• 3,600 ± SF block construction building - office/retail downtown Auburndale.
• 7% CAP rate with solid upside, NNN lease, with 90 day out for either party
• Zoned CBD, Central Business District, City of Auburndale. Most retail and office uses allowed within this zoning classification.
• The building is currently split into four potential suites, with a central hallway and storage. Current floor plan could easily be combined or altered.
• The entrance of the building leads to a central hallway with ceramic tile. It acts as a general reception area and has seating for guests. It is also the central hub that leads to the individual suites.
• Suite 1 - this suite has a main hallway with 3 offices and access to the staff kitchen. The kitchen also attaches to Suite 3.
• Suite 2 - large open/office area and four separate offices.
• Suite 3 - large open/office area with two offices. There is also access to the staff kitchen.
• Suite 4 - large open/office area with two offices.
• Close to other downtown amenities, including shops, restaurants, and the government center.
• Two common bathrooms in the second part of the main hallway.
• 4 air conditioning units, estimated ages ranging from 2010-2016.
• Roof replaced Feb 2017 - 20 year guarantee.
• Survey, lease, roof warranty available. More photos are also available upon request.
• City sewer and water

For more information please visit: SVN Saunders Ralston Dantzler