100% Full- Net Leased 6 Tenants

Office for Sale
Sale Pending
Catylist Listing ID: 29982343
Property Subtypes: Office Building
Status: Pending
Building Size (RSF): 16,530 SF
Gross Land Area: 2.53 Acres
Sale Price: $2,150,000
Unit Price: $130.07 PSF
Property Use Type: Investment
Building Name: Daytona Beach Business Park
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/18/2017

Overview / Comments

100% Leased. This building sits at the end of Business Park Boulevard, within one mile of International Speedway Boulevard, the Volusia Mall, Daytona International Speedway and the Airport. All six units are occupied with long term leases. All leases are NNN. The area is growing quickly with recent additions of Bass Pro Shops in the One Daytona Project, Tanger Outlet Mall, North American Retail Development and a quickly growing office need.

100% Leased Office Building- 6 Tenants• Close to Speedway
• I-95
• Volusia Mall and Airport
• Entire Building Available for Sale- $125/SF

Additional Details

Nearest MSA: Deltona-Daytona Beach-Ormond Beach
County: Volusia
Tax ID/APN: 521403000030
Site Description: This building sits at the end of Business Park Blvd. and consists of five units. Units are already built out(see attached floor plans) and owner will provide TI with long term leases. The entire building is also for sale at $125/SF. It provides an excellent opportunity for a user/investor. Pass through expenses are currently estimated at $3.75.
Area Description: Just West of Bill France Blvd between Mason and West ISB. Close to the Post Office, Volusia Mall, Speedway, One Daytona Project, I-95, I-4 and the Airport.
Number of Stories: 1
Year Built: 2002

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,391 44,305 123,504
Median Age: 35.6 38.5 43.42
Households: 3,421 18,830 55,912
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