Available For Sale - Office

3,362 SF | Show Pricing $

LISTED BY

John W. Trost CCIM
SVN | Alliance Commercial Real Estate Advisors, 386-301-4581

AVAILABILITY DETAILS

Size
3,362 SF
Price/SF
Show Pricing $
Listing ID
SA548096
Notes
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!
Uses
Office

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
John W. Trost CCIM, SVN | Alliance Commercial Real Estate Advisors
BRE# BK-0160420