This Retail Property is no longer advertised on LoopNet.com.

2365 Parr Dr
The Villages, FL 32162
Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Bank
Building Size
5,319 SF
Building Class
B
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.61 AC
Parking
35 Spaces (7.22 Spaces per 1,000 SF Leased)
Frontage
255’ on PARR Dr

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Drive Thru

About 2365 PARR DR , THE VILLAGES, FL 32162

Located on "Banker's Row" in The Villages. This is a rare opportunity to find one of these ground leases come available. Located on corner of C 466 with a full median cut into Preston Dr. This parcel also corners with Parr Dr. in the rear of the property.This is the easiest bank to get into and its right across 466 from the best section of Restaurants and Retail Shopping that The Villages has to offer. This section has some of the highest traffic counts in The Villages at 24,000 average daily trips. This is a absolute triple net lease with 4 years plus on the lease left, with 4-5 year extensions. Income is $167,970 a year and a 6% Cap Rate, Annual Rent Bumps tied to CPI. The actual building is 5,319 square feet with a 1,225 sf Drive thru. Please do not disturb tenant. A confidentially agreement will be required to sign before the lease can reviewed. This parcel has golf cart access!!

Property Taxes

Property Taxes

Parcel Number
D16R008C
Land Assessment
$1,262,380
Improvements Assessment
$1,150,180
Total Assessment
$2,412,560
  • Listing ID: 17760489

  • Date on Market: 11/19/2019

  • Last Updated:

  • Address: 2365 Parr Dr, The Villages, FL 32162

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