2730 Grand Blvd, Holiday, FL 34690

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Building Details:

The property is improved with an 8,200+- sf building, originally built in 1979. There is 7626 sf of retail/service type space and 576 sf of garage area. The building is split to allow for seven rental units. The property is .81 acres, but has a perpetual driveway easement, which increases the effective size to .97 acres. The building needs cosmetic attention, but offers adequate parking and has an existing lease with a lounge/restaurant, with three years left on a primary five year term, and an option to renew for an additional five years. The lounge lease, together with an additional Tenant currently provides a gross income of $39,000, with additional vacant space available. The property can generate a good cap rate return, while offering competitive rental rates.