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$4,408,000
Est. payment /mo
7,242 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 7,242 sqft
Price per Sqft $608
MLS Listing ID 1216926
Year Built 1997
Annual Tax Amount $21,240
Lot Size 1 Sqft
Acres 1.98
Property Sub-Type Retail
Source Daytona Beach Area Association of REALTORS®
Property Description
Absolute NNN Lease - Dahlia Mexican Kitchen
Original Lease Commenced 06/01/2022
Lease Term Through 05/31/2037
3 Extension Options - 5 Years Each
10% Base Rent Increases Every 5 Years(2027)
Current NOI = $253,470 - 5.75% Starting Cap Rate
7,242 SF Stand Alone Building With Ample Parking
Well Performing Location With Conservative Rent to Sales Ratio
Strategically Located on Dunlawton Avenue in Port Orange, FL
Original Lease Commenced 06/01/2022
Lease Term Through 05/31/2037
3 Extension Options - 5 Years Each
10% Base Rent Increases Every 5 Years(2027)
Current NOI = $253,470 - 5.75% Starting Cap Rate
7,242 SF Stand Alone Building With Ample Parking
Well Performing Location With Conservative Rent to Sales Ratio
Strategically Located on Dunlawton Avenue in Port Orange, FL
Location
State FL
County Volusia
Area 21 - Port Orange S Of Dunlawton, E Of 95
Direction South Side of Dunlawton Between Nova Road and Clyde Morris Blvd.
Region Port Orange
City Region Port Orange
Exterior
Parking Features Other
View Y/N No
Building
Lot Description Other
Others
Tax ID 6308-14-00-0360
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Listed by Carl Lentz • SVN Alliance Commercial Real Estate Advisors