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Garden Street Office Centre
1225-1231 Garden Street
Titusville FL
20,000 Sq. Ft.
Property Facts
| Building Area: | 20,000 Sq. Ft. |
| Parcel Size: | 1.14 Acres |
| Property Configuration: | Three Buildings: -Office Building 10,000 Sq. Ft. -Retail Buildings 5,000 Sq. Ft |
| Unit Range: | 940-4,937 SF |
| Year Built: | 1986 |
| Construction: | Concrete Block & Stucco |
| Use: | Office/ Retail use |
| Building Height: | Office Building: two stories Retail Buildings: one story |
Property at Purchase
| Purchase Price: | $712,500.00 |
| Purchase Price PSF: | $35.62 |
| Occupancy at Purchase: | 10% |
| Average Rent PSF At Purchase: | $6.50 PSF |
After Renovation and Transformation
| Current Replacement Cost Value: | $250.00 PSF |
| Occupancy After One Year of Ownership: | 25.00% |
| Average Rent PSF After Renovation: | $15.00 PSF |
| Renovation Capital Expenditures: | $25.00 PSF |
