INVESTOR ALERT!! 7.42% CAP RATE
SIGNALED CORNER LOT. Excellent location at the SEC of S.Yonge & Division in Ormond Beach. B4 Central Business Zoning. Extremely well maintained property with a 52'x52' bldg is fully leased to two (2) long term tenants. Great Monument signage for tenants. Suite A appox 800sf, Suite C approx 1800sf and approx 100sf common area.
Suite A has 2 Private Offices, 3 Work Stations, Reception Area, Conference Room, Break Room, Utility & File Room.
Suite B reception & large office.
Building Attributes, Maintenance, Repairs & Replacement: Concrete flat roof, new AC 2018, Plumbing 2019, New Awnings 2018, $40K remodel 2020, Monument sign in 2021, Parking Lot sealed and striped every 2 years..
Seller willing to do a 3 year Sale-Leaseback.
Property also perfect for an owner-user
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