New Smyrna Beach, FL 32168,424 Luna Bella LN #M
New Smyrna Beach, FL 32168,424 Luna Bella LN #M
New Smyrna Beach, FL 32168,424 Luna Bella LN #M
New Smyrna Beach, FL 32168,424 Luna Bella LN #M
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$ 880,000
Est. payment | /mo

3,362 SqFt


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$ 880,000
Est. payment | /mo
Save

3,362 SqFt

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 3,362 sqft

Price per Sqft $261

MLS Listing ID 1201499

Originating Board Daytona Beach Area Association of REALTORS®

Year Built 2007

Annual Tax Amount $4,356

Lot Size 3,031 Sqft

Lot Dimensions 0.07

Property Description

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

State FL

County Volusia

Direction Located west of Interstate 95 between Pioneer Trail and SR 44 just off Airport Road in Venetian Bay Town Center.

Exterior

Parking Features Parking Lot, Other

Building

Lot Description Other

Others

Senior Community No

Tax ID 7307-04-00-0130

Listed by SVN Alliance Commercial Real Estate Advisors
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424 Luna Bella LN #M