Daytona Beach Investment Property

Built in 2008, this complex of investment properties has 3 buildings with a total of 19,785 Square Feet. There is significant upside investment potential or and end user can use up to 7,237 square feet in the front building while collecting income on the other two buildings that are fully occupied. The property is completely secured with gates and a wall around the entire perimeter. Natural gas is available on site for all 3 buildings.

Building A is 8,037 square feet, fronts Mason Avenue and currently has three tenants. There is 1,037-7,237 square feet available for lease or can be utilized by an end user. All of the spaces currently have tenants in place.

Both buildings B & C are fully leased. Building B is 4,848 square feet with two tenants, Building C is 6,900 square feet with a single tenant in place.

Parking is more than adequate for all three buildings. The front building provides a great retail opportunity and can be leased at a NNN rate of $12 per square foot per year. Annual operating expenses are +/-$49,000, including: Insurance-$7,646 RE Tax- $31,259 Repairs- $5,140 and Utilities $12,500.