Catylist ID: #30150874
Investment Property For Sale
Retail-Commercial for Sale
|Catylist Listing ID:||30150874|
|Property Subtypes:||Day Care Facility, Free-Standing Building, Other|
|Building Size (RSF):||5,650 SF|
|Gross Building Area:||See Agent|
|Gross Land Area:||1.19 Acres|
|Unit Price:||$97.35 PSF|
|Property Use Type:||Net Leased Investment (NNN)|
|Sale Terms:||Cash to Seller|
Overview / Comments
10% Cap Rate.
Great cash flow.
Gross income $70,020 in 2017.
Projected gross income for 2018 is $72,120.
Expenses in 2017:
Real Estate Taxes $7,201.50.
Property Insurance $4,000.
Lawn Maintenance $4,000.
Site: 239+/- front feet on Coolidge Avenue, 217+/- feet of depth.
5,650 SF building leased to Kid City Day Care.
Great level site with mature trees.
Located at the northwest corner of Hand Avenue and Coolidge Avenue one block west of US Highway 1 and one mile to Nova Road.
Attachments & Media
|Nearest MSA:||Deltona-Daytona Beach-Ormond Beach|
|Tax ID/APN:||A portion of 4242-08-02-0010|
|Zoning:||B-5 SERVICE COMMERCIAL|
|Total Number of Buildings:||1|
|Number of Stories:||1|
|Proximity:||1 mile||3 miles||5 miles|
John W. Trost, CCIMSVN | Alliance Commercial Real Estate Advisors
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