375 Commercial Ct. Suites E F, Venice, FL 34292

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Barry C S.

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  • Available Spaces
Suite Space Type Pricing Size
--- Office Space For sale: Contact for Pricing 1,176 sqft

D Office Space For lease: $1.00/sqft 1,118 sqft
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Building Details:

375 Commercial Ct. Suites E F is an office property for lease in Venice, FL. The property currently has 2 office spaces for lease and is marketed by AMERICAN PROP GROUP OF SARA.

The property consists of 2 of 6office condominium suites in the Jacaranda Commercial Center. The Center was constructed in 2005. The 2 suites have been combined in to 1 office totaling 2,700 sq/ft of medical office space.

The building is located at 375 Commercial Court just off Jacaranda Blvd. south of the I-75 interchange Venice, Florida. Commercial Court has a mixture of retail, professional office, restaurants and hotels. Jacaranda Blvd offers good access to the major residential area of Venice.

Leaseback Terms:
The Seller at closing shall leaseback the office suites for a period of 3 years with 2 options to renew for 1 year. The initial years rent shall be $5,000.00 per month gross with annual escalations in rent of 3%. Current expenses the net operating annual income is $52,464.00 which provides a 10% return based on the asking price of $525,000.00.

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