Income Producing Office Building

Office for Sale
Catylist Listing ID: 30324531
Property Subtypes: Office Building
Building Size (RSF): 16,292 SF
Gross Building Area: See Agent
Gross Land Area: 1.56 Acres
Sale Price: $1,250,000
Unit Price: $76.72 PSF
Property Use Type: Investment
Building Name: Nova Professional Building
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: 8.03%
Last Updated: 5/14/2019

Overview / Comments

Nova Professional Building For Sale.
89% occupied, easy to manage.
Three-story 16,292 SF multi-tenant building.
Attractive contemporary design.
Glass atrium entry.
Offices from 251 SF to 1,033 SF.
Masonry construction.
New roof August 2008.
Parking ratio 6.1 spaces per 1,000 rentable SF.
One elevator.
Constructed in 1990.
186+/- feet of frontage on Nova Road.
Monument sign.

Located on busy Nova Road approximately 1.1 miles south of Dunlawton Avenue, 3 miles to Interstate 95, 8.8 miles to Daytona International Airport, and 1.2 miles to Halifax Health Medical Center of Port Orange.
Nearby restaurants include: Stonewood Grill & Tavern, Chili's, Houligan's, TGI Fridays, Dunkin' Donuts, La Fiesta, Port Orange Steakhouse, Salsas Mexican Restaurant, Jersey Mike's Subs, and others.

Attachments & Media

Additional Details

Nearest MSA: Deltona-Daytona Beach-Ormond Beach
County: Volusia
Tax ID/APN: 6316-00-00-0037
Total Number of Buildings: 1
Number of Stories: 3
Year Built: 1990

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,850 60,119 104,001
Median Age: 48.49 47.77 48.48
Households: 5,072 27,463 47,615


Photograph of Listing Agent

John W. Trost, CCIM

SVN | Alliance Commercial Real Estate Advisors
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