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577 W New York Ave 2,578 SF 100% Leased Office Building Lake Helen, FL 32744 $761,822 CAD ($295.51 CAD/SF)
Investment Highlights
- Five-year triple-net medical-office lease commencing May 2026, with 3% annual rent increases and two five-year renewal options.
- Tenant-occupied investment property with limited ongoing landlord expense exposure.
- Approximately 2,578 square feet configured for medical-office use.
Executive Summary
Tenant-occupied medical-office investment located in Lake Helen, Volusia County, Florida. The property is subject to a five-year triple-net lease commencing May 1, 2026, with 3% annual rent increases and two additional five-year renewal options. Under the lease structure, the tenant is responsible for property taxes, insurance, and operating expenses, providing the owner with limited ongoing expense exposure.
The property offers convenient access to Interstate 4 and the greater DeLand and Central Florida markets. Its medical-office use, contractual rent increases, and renewal options make it well suited for an investor seeking a professionally occupied income-producing property.
Tenant identity and lease documents will be provided to qualified buyers. Tenant-occupied property: please do not visit, approach employees, or contact the tenant. All inquiries and property tours must be coordinated through the listing broker.
The property offers convenient access to Interstate 4 and the greater DeLand and Central Florida markets. Its medical-office use, contractual rent increases, and renewal options make it well suited for an investor seeking a professionally occupied income-producing property.
Tenant identity and lease documents will be provided to qualified buyers. Tenant-occupied property: please do not visit, approach employees, or contact the tenant. All inquiries and property tours must be coordinated through the listing broker.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Building Size
2,578 SF
Building Class
C
Year Built
1966
Price
$761,822 CAD
Price Per SF
$295.51 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,578 SF
Building FAR
0.07
Lot Size
0.88 AC
Zoning
NRC - NRC ZONING ALLOWS FOR ,Light manufacturing, contractor facilities and mini-storage and warehousing, in fully enclosed structures and much more.
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
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577 W New York Ave
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