1601 Rickenbacker Dr | Sun City Center, FL 33573
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1601 Rickenbacker Dr
Sun City Center, FL 33573
Office Property For Sale
INVESTMENT HIGHLIGHTS
- This property is 97.5% occupied by eight tenants with one 236 SF unit vacant
- This property has a 5-year Levered IRR in the high teens, providing upside to potential investors in the near future
- Sun City Center was voted the #1 Retirement Community in 2024 by Realtor.com and Travel and Leisure Magazine
- Six of the eight tenants have NNN leases which provides stable cash flow and minimal landlord responsibilities
- The asset is located on Sun City Center Blvd, a primary thoroughfare in Sun City Center, FL with an AADT of 43,500
- 50,818 population within a 3-mile radius
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
9,342 SF
Building Class
B
Year Built
1966
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,342 SF
Building FAR
0.20
Lot Size
1.05 AC
Zoning
CG - Commercial General
Parking
34 Spaces (3.66 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Courtyard
- Signage
- Drop Ceiling
- Outdoor Seating
- Air Conditioning
PROPERTY TAXES
| Parcel Number | U-12-32-19-ZZZ-000001-78370.0 | Improvements Assessment | $1,362,858 |
| Land Assessment | $373,742 | Total Assessment | $1,736,600 |
PROPERTY TAXES
Parcel Number
U-12-32-19-ZZZ-000001-78370.0
Land Assessment
$373,742
Improvements Assessment
$1,362,858
Total Assessment
$1,736,600
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