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$1,450,000
Est. payment /mo
4,016 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,016 sqft
Price per Sqft $361
MLS Listing ID 1226350
Property Sub-Type Retail
Source Daytona Beach Area Association of REALTORS®
Property Description
Ormond Beach Income Property - Fully Leased
5 Acres on West Granada Blvd(SR40) - The Arboretum
Single Family Home - 2,000 SF - Wrap Around Porches
1 Year Lease - Rent is $2,400 Per Month
Commercial Lease - Effective 1/1/26 - 12/31/32
$8,400 Per Month - 3% Annual Increases
Tenant Responsible for Maintenance, Utilities and Liability Insurance
No Requirement For Property Insurance
Landlord Responsible for RE Tax($11,367)
Gross Rental Income = $129,600
Net Operating Income = $118,233
5 Acres on West Granada Blvd(SR40) - The Arboretum
Single Family Home - 2,000 SF - Wrap Around Porches
1 Year Lease - Rent is $2,400 Per Month
Commercial Lease - Effective 1/1/26 - 12/31/32
$8,400 Per Month - 3% Annual Increases
Tenant Responsible for Maintenance, Utilities and Liability Insurance
No Requirement For Property Insurance
Landlord Responsible for RE Tax($11,367)
Gross Rental Income = $129,600
Net Operating Income = $118,233
Location
State FL
County Volusia
Area 44 - Ormond N Of 40, S Tomoka River, E Of Us1
Direction North Side of W SR40 Just West of Airport Road.
Region Ormond Beach
City Region Ormond Beach
Exterior
Parking Features Other
View Y/N No
Building
Lot Description Other
Others
Tax ID 412900000056
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Listed by Carl Lentz • SVN Alliance Commercial Real Estate Advisors
NEARBY SCHOOL & BUSINESS
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