Small Investor Offering
1400 Hand Avenue, Unit Q, Ormond Beach, Florida 32174
Sold: $389,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
1,827 sqft
Zoning
B-10
Year Built
2004
Parcel No:
4229-11-00-000Q
Property Description
Small Investor Offering - Hand Avenue Office Condo.
Long term tenant since 2004. Lease expires 1/31/2022.
$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%.
Located on the south side of Hand Avenue between Nova Road and Clyde Morris Boulevard.
Location
Contact
John W. Trost, CCIM
SVN | Alliance Commercial Real Estate Advisors