Cathy Rohrberger - Coldwell Banker Coast
1400 Hand Avenue Q
Ormond Beach, FL 32174

Description

Small Investor Offering - Hand Avenue Office Condo.Long term tenant since 2004. Lease expires 1/31/2019.$38,400 Annual Base Rent.9.5% Cap Rate.Condo Association handles all building and grounds maintenance.Great to add to your investment portfolio!Convenient Hand Avenue location between Clyde Morris Boulevard and Nova Road.Building and Monument Signage.Approximately 2.8 miles to Florida Hospital Memorial Medical Center, 4 miles to Tanger Outlets, and 6.4 miles to Daytona International Speedway.SELLER FINANCING AVAILABLE AT 6.5%.

Details

MLS#1048840
Sub-TypeResale
StatusActive
Year2004
Days On Site46

Features

Story(s)1

Market Activity 32174

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Area Information

StateFL
CountyVolusia
CityOrmond Beach
Zip Code32174
Area42 - LPGA to Granada, W of Nova & E of 95
Listing VS Median (in 32174)
Price:
$404,210
low | high
Med:
$271,343
82.870784988001% of Average
On Site:
46
low | high
Med:
36.5
100% of Average
Listing Updated: 11/18/2018
MLS Number: 1048840
Listing Provided By:
Carl Lentz  of  SVN Alliance Commercial RE Advisors