12797-12801 280Th St Princeton, FL 33032
This exceptional single-tenant office space, located within the Airport Plaza Shopping Center, offers a substantial 43,424 square feet of versatile space. The property is a single-story building, zoned 6200, and features a generous parking lot. Currently configured as three adjoining units, each measuring 850 square feet, this layout provides flexibility for various business needs. The lease rate is $20.50 per square foot, with additional charges of $4.50 per square foot for common area maintenance (CAM) and $159.34 per month in taxes (for all three units combined). The total monthly rent for all three units is $5,657.81. A three-year minimum lease term is required. The landlord is offering rent abatement, the specifics of which will be determined based on the tenant's circumstances. Security deposit requirements include first month's rent ($5,657.81), last month's rent ($5,657.81), and a security deposit of $5,312.50, totaling $18,448.12. The property's APN is 30-69-35-000-0060. Existing tenants occupy the daycare, gym, and restaurant spaces within the shopping center. This presents a unique opportunity for a business seeking a substantial, well-located office space with ample parking.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.