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12,600 S.F Retail/Warehouse Building 1396 N Nova Rd 12,600 SF 69% Leased Retail Building Daytona Beach, FL 32117 $2,630,571 CAD ($208.78 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, New Soffit Lighting and Paint touch up
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
$2,630,571 CAD
Price Per SF
$208.78 CAD
Cap Rate
6.16%
NOI
$162,073 CAD
Percent Leased
69%
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
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5237-06-01-0020 | Improvements Assessment | $792,785 CAD |
| Land Assessment | $215,299 CAD | Total Assessment | $1,008,084 CAD |
Property Taxes
Parcel Number
5237-06-01-0020
Land Assessment
$215,299 CAD
Improvements Assessment
$792,785 CAD
Total Assessment
$1,008,084 CAD
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12,600 S.F Retail/Warehouse Building | 1396 N Nova Rd
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