2550 S Nova Rd
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2550 S Nova Rd
6,573 SF 100% Leased Retail Building Daytona Beach, FL 32119 $1,050,000 ($160/SF)
Investment Highlights
- Diverse range of retail opportunities
- Near Daytona International Speedway
Executive Summary
5 unit strip center for sale on busy S. Nova Road, South Daytona with 14 unit, mini-storage building.
Concrete block construction. New TPO roof on the storage building in 2019.
Take advantage of upside by raising rents and actively managing the storage units. Currently fully occupied.
Excellent signage & adequate parking.
Mini-storage unit breakdown as follows (18 total units). 4 (11 x 35), 7 (11 x 21) and 7 (11 x 12).
25,500 AADT.
Concrete block construction. New TPO roof on the storage building in 2019.
Take advantage of upside by raising rents and actively managing the storage units. Currently fully occupied.
Excellent signage & adequate parking.
Mini-storage unit breakdown as follows (18 total units). 4 (11 x 35), 7 (11 x 21) and 7 (11 x 12).
25,500 AADT.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
6,573 SF
Building Class
B
Year Built
1979
Price
$1,050,000
Price Per SF
$160
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Land Acres
0.84 AC
Zoning
01I-1 - Shopping Center
Parking
22 Spaces (3.8 Spaces per 1,000 SF Leased)
Frontage
135 FT on Nova Rd
Amenities
- Bus Line
PROPERTY TAXES
| Parcel Number | 5344-16-00-1382 | Improvements Assessment | $381,863 |
| Land Assessment | $229,263 | Total Assessment | $611,126 |
PROPERTY TAXES
Parcel Number
5344-16-00-1382
Land Assessment
$229,263
Improvements Assessment
$381,863
Total Assessment
$611,126
-
Michael Baxter -
SVN | Alliance Commercial Real Estate Advisors
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2550 S Nova Rd
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