Tuscany Square Commercial Condos

Office for Sale
Catylist Listing ID: 30024753
Property Subtypes: Executive Suites, Mixed Use, Flex Space, Office Building, Other
Building Size (RSF): 34,415 SF
Gross Building Area: See Agent
Sale Price: $4,630,000
Unit Price: $134.53 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/24/2017

Overview / Comments

Fully built out and leased commercial condo units in Tuscany Square (Venetian Bay Town Center)
Tuscany Square is a beautiful mixed-use project in the heart of the Venetian Bay master planned community
15 of the 17 total first floor commercial spaces are available for sale
Ideal tenant mix of professionals, real estate, retail, restaurants and services
All units have been built out and are in excellent condition
Typical lease term is 3 - 5 years at BELOW market rents
Potential for rental increases as surrounding community continues to grow
Irreplaceable real estate available for less than half the replacement cost
Venetian Bay is the fastest growing community in all of Volusia County

Additional Details

Nearest MSA: Deltona-Daytona Beach-Ormond Beach
County: Volusia
Tax ID/APN: Multiple
Airports: Orlando International APO, Daytona Beach APO
Total Number of Buildings: 15
Year Built: 2007


Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 7,573 30,223
Median Age: 51.01 48.82
Households: 3,173 12,655

Contact

Photograph of Listing Agent

Chris Butera

SVN Alliance
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