NNN Veterinary Clinic | Ormond Beach, FL

  SOLD December 2023 for $500,000

226 Vining Court, Ormond Beach, Florida 32176


Documents
Building Size1,596 Square Feet
Land Size0.19 Acres
ZoningB-4
Year Built1965
Cap Rate6.72%
Parcel No4214-13-07-0010

Small Investor Offering - 1,596 SF freestanding building on 0.19+/- acres operating as a veterinary clinic.

  • $33,925.85 Annual Base Rent current lease year with 2% Annual Increases.
  • Lease expires 7/31/2034.
  • 6.72% Initial Cap Rate PLUS Tenant pays Common Area Maintenance, Real Estate Taxes, and Insurance.
  • 10+ years remaining term on the NNN lease.
  • Tenant is a national veterinary clinic with over 300 locations.
  • Front and rear parking on the 56' x 150' lot.
  • A valuable addition to your investment portfolio!
  • Tenant not to be contacted or disturbed.
  • All communication to be conducted exclusively through the listing broker.

LOCATION OVERVIEW
Beachside location south of Granada Boulevard and just east of Atlantic Avenue (A1A).


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.


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