Medical Office Building
711 Beville Road, South Daytona, Florida 32119
Sold: $385,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
4,349 sqft
Land Size
0.34 acres
Zoning
CG
Year Built
1985
Property Description
4,350 sf medical office located on well traveled Beville Road. First floor has 3,100 sf medical office and second floor has 1,250 sf of general office area with 2 private offices. CAP rate of 11.33% is actual. Proforma Cap rate 12.75%. Second floor office is currently vacant and has not been marketed - used by owner for storage. Restrooms on both floors and a separate entrance to second floor. Medical office currently leased through April 30, 2021 at $14.58 psf NNN. Tenant is moving to a larger location and will vacate building by December 31, 2020, however will fulfill obligations under lease through April 30, 2021.
- Central Location
- Convenient to Halifax Health
- Easy ingress/egress
- Good Visibility