Florida ROI Commercial Property Brokerage, Inc. is pleased to announce the successful completion of an office investment transaction. Florida ROI Broker Eric Odum was responsible for the investment transaction. The properties are located at 212 and 214 South Pasadena Avenue in the Pasadena Cape Village Commercial Condominium Complex in South Pasadena, Florida.
The investment totaled $495,000, at a cap rate of 7.8%. Both addresses host long-term tenants. The first tenant is a local medical services provider, and the second tenant is Edward Jones. Edward Jones is a financial services company that serves both Canada and the United States, with over 14,000 locations across the two countries.
