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503 8th Ave W

Palmetto, FL
Floors
1
Total Size
5,744 sqft
Zoning
COMMERCIAL
Year Constructed
2008
Year Renovated
0
Building Class

About 503 8th Ave W

EXISTING BANK AND OFFICE INVESTMENT PROPERTY

-Offered at $1,895,000

-5,744SF, Bank of the Ozarks-3,731SF
Alternate Care Staffing, Inc.-2,068SF

-NOI - $155,151.96

-Cap Rate 8%

-Built in 2008

-Located in the heart of Palmetto at a signalized intersection - Number of buildings: 1

Internet Providers for 503 8th Ave W

Provider Technology Max Download Speed Max Upload Speed
Verizon Online Fiber
1 Gb/s
25 Mb/s
Bright House Networks Cable
100 Mb/s
25 Mb/s

The City: Palmetto

On average, listings lease in the $10's per square foot per year. The Palmetto region is going through a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 8% decrease in rent.

Median Rate Median Size
Palmetto $18
/sqft/yr
750
sqft

Median Rate over Time in Palmetto