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12,600 S.F Retail/Warehouse Building 1396 N Nova Rd 12,600 SF 100% Leased Retail Building Daytona Beach, FL 32117 $2,561,618 CAD ($203.30 CAD/SF) 6.16% Cap Rate
Investment Highlights
- High Traffic Area
- Multiple Income Streams
- Block Construction
Executive Summary
Investment or Occupy some Space! 12,600 S. F. Many recent upgrades. Block Construction Building with Concrete Truss Ceilings. 100% Leased but with an owner opportunirty to perhaps occupy 3900 s.f. of Space. (owners choice) This building was build to have 16 self-contained spaces but has been modified to accommodate the current tenants. You could have Warehouse Space in the back with a Roll-Up Door and Retail up front. You will not find a better built building in the area. Just installed last year is a new digital sign ($15,000). Located in Volusia County Unincorporated Area. Many Uses. Many new upgrades including roof sealing on the TPO Roof ($30k)
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
12,600 SF
Building Class
B
Year Built
1981
Price
$2,561,618 CAD
Price Per SF
$203.30 CAD
Cap Rate
6.16%
NOI
$157,825 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.46
Lot Size
0.63 AC
Opportunity Zone
Yes
Zoning
B-4 - Retail & Warehouse along with other Multi Uses
Parking
30 Spaces (2.38 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signalized Intersection
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
Nearby Major Retailers
Property Taxes
| Parcel Number | 5237-06-01-0020 | Improvements Assessment | $790,785 CAD |
| Land Assessment | $216,920 CAD | Total Assessment | $1,007,705 CAD |
Property Taxes
Parcel Number
5237-06-01-0020
Land Assessment
$216,920 CAD
Improvements Assessment
$790,785 CAD
Total Assessment
$1,007,705 CAD
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12,600 S.F Retail/Warehouse Building | 1396 N Nova Rd
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