For Sale
$1,675,000

505 Deltona BlvdDeltona, FL 32725

High-yield commercial property in Deltona, FL

Overview

Added:
Dec 11, 2024
Days on market:
120
This exceptional commercial investment opportunity presents a 12,946 square foot multi-tenant office building situated on land in Deltona, Florida, at 505 Deltona Blvd, zip code 32725. The property is classified as Class C and is currently 75% occupied, offering significant upside potential. The asking price is $1,675,000, with a projected 7.92% cap rate upon full occupancy. The lease type is NNN (Net, Net, Net). The building features a total of 12,946 square feet, with a currently vacant 4,545 square foot second story that presents a leasing opportunity. Leasing this space at a base rate of $7.00 per square foot would significantly increase the property's overall return. The strategic location provides convenient access to Interstate 4, connecting Deltona to Orlando and Daytona Beach, enhancing its appeal to a wide range of tenants. This property is ideal for owner-users seeking to occupy available space or investors aiming to acquire an income-generating commercial asset with substantial growth prospects. The property is zoned for commercial use.

Highlights

  • $1,675,000 asking price.
  • Office and land property, Class C, 12,946 square feet.
  • Multi-tenant, NNN lease, 75% occupancy.
  • 7.92% potential cap rate.
  • Located at 505 Deltona Blvd, Deltona, FL 32725, with easy I-4 access.

Property Details for 505 Deltona Blvd

Property type
Office properties, Land
Square Feet
12,946 SF
Class
C

Location Insight

City
Deltona
County
Volusia
State
Florida
Latitude
28.875597642407
Longitude
-81.281680893195
505 Deltona Blvd, Deltona, Florida

FAQs

What type of property is this?
Office property - High-yield commercial property in Deltona, FL
Where is the office property located?
The property is located at 505 Deltona Blvd Deltona, FL.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: $1,675,000 asking price.; Office and land property, Class C, 12,946 square feet.; Multi-tenant, NNN lease, 75% occupancy.
How can I contact the broker?
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505 Deltona Blvd
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