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Last updated on December 10th, 2024

Small Investor Offering | Commercial Condo

$880,000

424 Luna Bella Lane Unit M (122), New Smyrna Beach, Florida 32168


Building Size3,362 Square Feet
ZoningPUD
Year Built2007
Parcel No7307-04-00-0130

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!

LOCATION OVERVIEW
Located west of Interstate 95 between Pioneer Trail and SR 44 just off Airport Road.


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

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