Retail Property For Sale - Menna's Landing at John's Pass Village

111 Boardwalk Place W, Madeira Beach, FL, 33708

 

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Menna's Landing at John's Pass Village

111 Boardwalk Place W, Madeira Beach, FL 33708

Front at night
  • $4,200,000
  • 17,000 SF
  • $247.06
  • Retail
  • Anchor
  • Net Lease Investment with 10+ years left on lease
  • 2.5%
  • 6.50%
  • 100%
  • Multiple
  • 0.28 AC
  • Find Out More...
Last Verified  10/11/2009 Listing ID  16295794

Description

Brand new... famous John's Pass Village... Number 1 tourist attraction - Gulf Coast of Florida. Brand new building - 100% occupied with 4 triple net tenants. Located across from the famous John's Pass Boardwalk, building consists of 4 stores, 2 street level, 2 second level. Each store is it's own condo, each is responsible for it's own reals estate taxes and common area charges. CAM's apply. Income $250,000 per year with incentives. Buiding has elevator and reserved covered parking. Building features numerous balconies with water views. Building is state of the art construction. Financing features a $2.1 mil mortgage, assumable, at 7 1/8 over 25 years. Investors / owners must keep in mind that all units can be bought and sold individually.

Menna's Landing at John's Pass is centrally located between the famous St. Petersurg Beach and Clearwater Beach locations. 2 hours from the Orlando resorts, 45 minutes to Tampa International Airport.

Financial Summary

  • Actual
  • $273,000

Map of 111 Boardwalk Place W, Madeira Beach, FL 33708 (Pinellas County)

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Created 6/26/2009

Additional Information for 111 Boardwalk Place W, Madeira Beach, FL 33708

  • Active For Sale - 4 Listings
  • Active For Lease - 0 Listing
  • Previously Listed - 4 Historic Listings
  • Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.


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