Description
Parkside Plaza is a highly profitable Business and Real Estate portfolio being offered for sale in Inverness, Citrus County, Florida and surrounded by national retailers such as Lowes, Walmart, TJ-Maxx, McDonalds, Wendys and More. Subject property consist four free standing mixed use commercial buildings totaling 11,048 SF with 7 Units which included a two retail buildings with 6 units of mixed use commercial, Mobil 1 Lube Express established in 1996 and deemed an essential service experiencing year over year growth in revenue with three service bays and fully operating and cash flowing business and a fully automated and self serve car wash. Expected to growth in sales 10% of business based on 2020 trailing financials. Parkside Plaza, Mobile 1 and Car Wash can be easily managed from a far or for an active sole proprietor. Currently without financing the property features a 15.8% return on investment and 32.1% cash on cash return with financing. APOINTMENT ONLY CONFIDENTIAL SALE!
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0BEDS
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1.54ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Parkside Plaza is a highly profitable Business and Real Estate portfolio being offered for sale in Inverness, Citrus County, Florida and surrounded by national retailers such as Lowes, Walmart, TJ-Maxx, McDonalds, Wendys and More. Subject property consist four free standing mixed use commercial buildings totaling 11,048 SF with 7 Units which included a two retail buildings with 6 units of mixed use commercial, Mobil 1 Lube Express established in 1996 and deemed an essential service experiencing year over year growth in revenue with three service bays and fully operating and cash flowing business and a fully automated and self serve car wash. Expected to growth in sales 10% of business based on 2020 trailing financials. Parkside Plaza, Mobile 1 and Car Wash can be easily managed from a far or for an active sole proprietor. Currently without financing the property features a 15.8% return on investment and 32.1% cash on cash return with financing. APOINTMENT ONLY CONFIDENTIAL SALE!
© 2021 Citrus County Association of Realtors. All rights reserved. Based on information from the Contra Costa Association of REALTORS® MLS as of 2021-01-24T23:54:26.9. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.