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Mixed Use Income Property-Ormond Beach

Listing was updated at: 02/11/2019
Mixed Use Income Property-Ormond Beach Mixed Use Income Property-Ormond Beach Mixed Use Income Property-Ormond Beach Mixed Use Income Property-Ormond Beach Mixed Use Income Property-Ormond Beach Mixed Use Income Property-Ormond Beach Mixed Use Income Property-Ormond Beach Mixed Use Income Property-Ormond Beach Mixed Use Income Property-Ormond Beach Mixed Use Income Property-Ormond Beach Mixed Use Income Property-Ormond Beach

Property Overview

Price/Rent PSF $ 6,000,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 50,000
Date Available 02/11/2019
Additional URL Link
Parking 200
Floors 1
Additional parameters Show
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Description

Location
The property is located between Nova Road and Clyde Morris Boulevard on the South side of Hand Avenue.

Sale
100% Leased. Built in 2005, there are a total of 50,000 square feet of space in eight buildings. Four of the buildings are 50' X 100' and four buildings are 50' X 150'. The property is in unincorporated Volusia County with B-5 Zoning.
Several of the larger leases are NNN leases and several are modified gross. Most of the gross leases have short terms and can be converted to NNN within 1-2 years. The tenants have a mix of uses including retail, industrial and office.
The property consistently maintains 100% occupancy with an upside for rent increases. Please contact listing broker for all showings and property visits.

Location

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