About 501 William Floyd Parkway
Calling All Investors, Developers & End-Users!!! Free Standing Building With A1 Zoning On A Huge 30,300+ Sqft. Lot On William Floyd Pkwy. For Sale!!! The Property Features Excellent Signage, Great Exposure, 26 Parking Spaces, High 10’ Ceilings, A1 Zoning, J Business District, Kitchen, Sprinklers, Skylights, Ramp, Conference Room, Multiple Offices, Accessible Parking, 200 Amp Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Shirley On Busy William Floyd Pkwy. Just Minutes From Sunrise Hwy.!!! Neighbors Include Starbucks, The Home Depot, USPS, UPS, Stop & Shop, Ulta Beauty, Kohl’s, Marshalls, Dunkin’, Kay Jewelers, CVS, McDonald’s, King Kullen, McDonald’s, Taco Bell, Wendy’s, Sonic, Enterprise Rent-A-Car, Aldi, Lidl, Dollar Tree, STS Tire, Jersey Mike’s Subs, Carvel, KFC, +++!!! The Property Has 151’ Of Frontage On William Floyd Parkway!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!
Income:
County Office (1,700 Sqft.): $42,000 Ann.; Lease Exp.: 9/1/26.
Taxi Co. (800 Sqft. LL): $18,000 Ann.; 3% Ann. Inc.; Lease Exp.: 12/1/30.
Finished LL (2,200 Sqft.): $36,000 Ann. (Available)
1st Floor (900 Sqft.): $24,000 Ann. (Available)
1st Floor (1,110 Sqft.) $28,800 Ann. (Available)
Pro Forma Gross Income: $148,800 Ann.
Expenses:
Oil: $2,350 Ann.
Electric: $2,139 Ann.
Water: $178 Ann.
Maintenance & Repairs: $250 Ann.
Insurance: $3,862 Ann.
Taxes: $15,037 Ann.
Total Expenses: $23,816 Ann.
Pro Forma Net Operating Income (NOI): $124,984 Ann. (11.36% Cap!!!)
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