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Westside Medical Pavilion 2 Office Properties Offered at $11,142,720 CAD in Daytona Beach, FL
Investment Highlights
- GSA long term lease just renewed
- Onsite Federal Police Security provided with no cost to ownership
- HVAC units and roofs replaced
Executive Summary
Medical buildings for sale located in high growth central Florida along I-4 corridor. Three building property producing almost $750,000 per year NOI. Long term lease in place for two buildings (Private Medical Practice in Bldg #1, GSA (Federally guaranteed lease) in bldg #2, who recently renewed for 12 and 10 years respectively. I leased up these buildings years ago and now we want to sell them and retire.
Property Facts
| Price | $11,142,720 CAD | Number of Properties | 2 |
| Price / SF | $431.84 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 9.27% | Total Building Size | 25,803 SF |
| Sale Type | Investment | Total Land Area | 8.14 AC |
| Status | Active |
| Price | $11,142,720 CAD |
| Price / SF | $431.84 CAD / SF |
| Cap Rate | 9.27% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 25,803 SF |
| Total Land Area | 8.14 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1821 Business Park Blvd, Daytona Beach, FL 32114 | Office | 13,000 SF | 1984 | - |
| 1823 Business Park Blvd, Daytona Beach, FL 32114 | Office | 12,803 SF | 1985 | - |
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Westside Medical Pavilion
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