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100 S Spring Garden Ave

5,049 SF Retail Building Deland, FL 32720 $5,000,000 ($990/SF) 7% Cap Rate

Retail Space Florida Deland 100 S Spring Garden Ave, Deland, FL 32720

Investment Highlights

  • High traffic,Busy intersection

Executive Summary

This Shell Gas station and C-store located in a densely populated neighborhood with high traffic and lighted intersection on 15-A & highway 44. It has been there for over 30 years with a lot of loyal customers. This is great investment property, only business can generate 12% cap rate. And 6% cap rate for rental income.

Attachments

All Details-RealistReport_100_S_Spring_Garden_Ave

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
5,049 SF
Building Class
B
Year Built
1978
Price
$5,000,000
Price Per SF
$990
Cap Rate
7%
NOI
$350,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Land Acres
0.69 AC
Zoning
01B4 - Commercial
Parking
15 Spaces (2.97 Spaces per 1,000 SF Leased)
Frontage
141 FT on SPRING GARDEN

About 100 S Spring Garden Ave , Deland, FL 32720

This Shell Gas station and C-store located in a densely populated neighborhood with high traffic and lighted intersection on 15-A & highway 44. It has been there for over 30 years with a lot of loyal customers. This is great investment property which generate 12% cap rate.

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Direct Auto Insurance
  • -
  • 2,000 SF
  • -
  • -
  • Shell
  • -
  • 2,500 SF
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Direct Auto Insurance - 2,000 SF - -
Shell - 2,500 SF - -
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100 S Spring Garden Ave, Deland, FL - aerial map view - Image1
100 S Spring Garden Ave, Deland, FL - aerial map view - Image2

PROPERTY TAXES

Parcel Number 7018-08-01-0010 Improvements Assessment $392,963
Land Assessment $202,500 Total Assessment $595,463

PROPERTY TAXES

Parcel Number
7018-08-01-0010
Land Assessment
$202,500
Improvements Assessment
$392,963
Total Assessment
$595,463
(386) 405-1382

  • Listing ID: 11816727

  • Date on Market: 3/5/2018

  • Last Updated:

  • Address: 100 S Spring Garden Ave, Deland, FL 32720

More public record information on 100 S Spring Garden Ave, Deland, FL 32720

The Retail Property at 100 S Spring Garden Ave, Deland, FL 32720 is currently available For Sale. Contact Charles Rutenberg Realty for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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100 S Spring Garden Ave, Deland, FL for sale Aerial- Image 8 of 12
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100 S Spring Garden Ave
(386) 405-1382 x

100 S Spring Garden Ave

Mohammad Hasan

(386) 405-1382

(386) 405-1382

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