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Commercial Off Market
424 Luna Bella Lane M M
New Smyrna Beach, Florida 32168
Volusia CountyWaterfront:
YesCommunity:
$880,000
0 br, 0.0 bath
3362 sq. ft.
0.070 acres
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!
Interior:
- Bedrooms: 0
- Baths: 0.0
- Sq Ft: 3362
- Year Built: 2007
- Utilities:
- Fireplaces:
- Stories:
- Heat/AC:
- Garage: Parking Lot
Exterior:
- Lot Size: 0.070 acre
- Lot Dimensions:
- Waterfront: Yes
- View Types:
- Yard:
- Siding:
- Roof:
- Property Taxes: $4,356
- MLS #: 1201499
- Unit Number: M
Contact Information:
Ad Number: 5161308
Viewed 18 times.
Updated: Jul 15, 2024
