COMMERCIAL CONDO opportunity FOR DEVELOPMENT. 3. 2+ acres sites for development. Stand-alone building On 7.48 acres. 13,000 SQ Ft. with 180 Parking spots. Single floor plan with public water and sewer. Outstanding location with access to all major highways and shopping centers. Ideal for restaurants, conference centers, retail and medical facilities. Choice Hotels International approved site. Seller will consider an offer AND a partner..$ 48,000,000.00 pre construction sale for Cap Rate 6% Value . After construction is $53,284,688 immediate equity is $5,284,688 on the pre-sale. Sale Highlights ***Brand New Hotel construction with banquet facilities, two restaurants, and retail shops on the first floor, operating when completed, 300 parking spaces, rose garden with gazebo. Guaranteed with a 7-year lease with option to buy.
Listing courtesy of HowardHanna TheFrederickGroup. Contact:
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