501 S Orange St
New Smyrna Beach, FL 32168
NNN Medical Office Building · Office Property For Sale
INVESTMENT HIGHLIGHTS
- NNN Investment Property in desirable New Smyrna Beach
- 6.0% cap rate year one with 3% annual increases
- Sale/leaseback opportunity - New 5 year NNN lease with renewals will be signed at closing
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
3,025 SF
Building Class
C
Year Built
2014
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,025 SF
Building FAR
0.20
Lot Size
0.34 AC
Zoning
B-6 - Medical-Professional
Parking
11 Spaces (3.64 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 7441-38-24-3070 | Improvements Assessment | $512,580 |
| Land Assessment | $140,250 | Total Assessment | $652,830 |
