$880,000
424 Luna Bella LN #M New Smyrna Beach, FL 32168
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$880,000
Est. payment /mo
3,362 SqFt
UPDATED:
11/19/2024 03:14 PM
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 3,362 sqft
Price per Sqft $261
MLS Listing ID 1201499
Originating Board Daytona Beach Area Association of REALTORS®
Year Built 2007
Annual Tax Amount $4,356
Lot Size 3,031 Sqft
Lot Dimensions 0.07
Property Description
Small Investor Offering - 3,362 SF Commercial Condo in Venetian Bay operating as Cross Creek Day School. A successful day care operating since 2013 with a long waiting list for enrollment.
$68,442.00 Annual Base Rent NNN. Lease expires December 2028.
7.75% Cap Rate PLUS Tenant pays condo dues and real estate taxes.
No hassle investment with Condo Association handling all building and grounds maintenance.
Benefit from a high foot traffic location with some of the best demographics in East Volusia County.
Downtown Venetian Bay Town Center has approximately 2,000 homes within a short walking distance and over 2,900 homes currently and growing to over 4,000 homes in Venetian Bay at full build out.
Currently estimated to be over 7,000 potential customers with over $75,000 plus Average Household Income.
Building signage available.
Great addition to your investment portfolio!
$68,442.00 Annual Base Rent NNN. Lease expires December 2028.
7.75% Cap Rate PLUS Tenant pays condo dues and real estate taxes.
No hassle investment with Condo Association handling all building and grounds maintenance.
Benefit from a high foot traffic location with some of the best demographics in East Volusia County.
Downtown Venetian Bay Town Center has approximately 2,000 homes within a short walking distance and over 2,900 homes currently and growing to over 4,000 homes in Venetian Bay at full build out.
Currently estimated to be over 7,000 potential customers with over $75,000 plus Average Household Income.
Building signage available.
Great addition to your investment portfolio!
Location
State FL
County Volusia
Direction Located west of Interstate 95 between Pioneer Trail and SR 44 just off Airport Road in Venetian Bay Town Center.
Exterior
Garage Parking Lot, Other
Building
Lot Description Other
Others
Senior Community No
Tax ID 7307-04-00-0130
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Listed by SVN Alliance Commercial Real Estate Advisors
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