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Retail Space For Lease in Destination Daytona 1653 N US Highway 1

1,437 SF of Retail Space Available in Ormond Beach, FL 32174

Highlights

  • Retail Space For Lease in Destination Daytona
  • Retail, Apparel, Event Oriented Businesses, and other Potential Uses
  • Fully built out with a front retail area and rear storage/inventory/staging area

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 106B
  • 1,437 SF
  • Negotiable
  • $16.00 /SF/YR $1.33 /SF/MO $172.22 /m²/YR $14.35 /m²/MO $1,916 /MO $22,992 /YR
  • Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

1,437 SF Retail Space For Lease in Destination Daytona. Fully built out with a front retail area and rear storage/inventory/staging area. Retail, Apparel, Event Oriented Businesses, and other Potential Uses. 11'-9" Ceilings - Ample Parking - Centrally located in Retail Area. 625,000 visitors annually to Destination Daytona events. Located in the heart of a high-growth area, nearby Ormond Crossings has announced plans to build 3,000 new homes and 2.5 million SF of commercial space. Estimated CAM, Real Estate Taxes, and Insurance $6.34 per SF. Ready for immediate occupancy. LOCATION DESCRIPTION Located just north of the US Highway 1 and Interstate 95 interchange within Destination Daytona.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • 1,437 SF Retail Space For Lease
  • Fully built out with a front retail area and rear
  • Located in Destination Daytona
Space Size Term Rental Rate Rent Type
1st Floor, Ste 106B 1,437 SF Negotiable $16.00 /SF/YR $1.33 /SF/MO $172.22 /m²/YR $14.35 /m²/MO $1,916 /MO $22,992 /YR Triple Net (NNN)

1st Floor, Ste 106B

Size
1,437 SF
Term
Negotiable
Rental Rate
$16.00 /SF/YR $1.33 /SF/MO $172.22 /m²/YR $14.35 /m²/MO $1,916 /MO $22,992 /YR
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

1,437 SF Retail Space For Lease in Destination Daytona. Fully built out with a front retail area and rear storage/inventory/staging area. Retail, Apparel, Event Oriented Businesses, and other Potential Uses. 11'-9" Ceilings - Ample Parking - Centrally located in Retail Area. 625,000 visitors annually to Destination Daytona events. Located in the heart of a high-growth area, nearby Ormond Crossings has announced plans to build 3,000 new homes and 2.5 million SF of commercial space. Estimated CAM, Real Estate Taxes, and Insurance $6.34 per SF. Ready for immediate occupancy. LOCATION DESCRIPTION Located just north of the US Highway 1 and Interstate 95 interchange within Destination Daytona.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • 1,437 SF Retail Space For Lease
  • Fully built out with a front retail area and rear
  • Located in Destination Daytona

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

PROPERTY FACTS FOR 1653 N US Highway 1 , Ormond Beach, FL 32174

Property Type Retail
Property Subtype Storefront Retail/Office
Gross Leasable Area 45,345 SF
Total Land Area 0.62 AC
Year Built 2007
Parking Ratio 5.74/1,000 SF

About the Property

1,437 SF Retail Space For Lease in Destination Daytona. Fully built out with a front retail area and rear storage/inventory/staging area. Retail, Apparel, Event Oriented Businesses, and other Potential Uses. 11'-9" Ceilings - Ample Parking - Centrally located in Retail Area. 625,000 visitors annually to Destination Daytona events. Located in the heart of a high-growth area, nearby Ormond Crossings has announced plans to build 3,000 new homes and 2.5 million SF of commercial space. Estimated CAM, Real Estate Taxes, and Insurance $6.34 per SF. Ready for immediate occupancy. LOCATION DESCRIPTION Located just north of the US Highway 1 and Interstate 95 interchange within Destination Daytona.

Attachments

Flyer
  • Listing ID: 30921859

  • Date on Market: 6/10/2024

  • Last Updated:

  • Address: 1653 N US Highway 1, Ormond Beach, FL 32174

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