865 Orange AveDaytona Beach, FL 32114

This exceptional investment opportunity presents a stabilized, multi-tenant industrial portfolio located at 865 Orange Avenue, Daytona Beach, Florida, 32114. The property encompasses five single-story buildings totaling 14,080 square feet on a sizable lot, offering ample space for outside storage. Currently housing twelve tenants, with a 95% occupancy rate, this property generates a substantial net operating income (NOI) of $63,000, projecting a pro-forma NOI of $84,000. The buildings, constructed in 1963, feature a 16-foot ceiling height and are classified as Class C. The property is offered at an asking price of $825,000, representing a compelling 7.00% cap rate. The lease structure is gross, and the property is suitable for a 1031 exchange. A long-term tenant (25+ years) currently manages the property, ensuring consistent oversight and minimizing management concerns. The property's strong cash flow, coupled with the potential for additional income streams (e.g., vehicle storage), makes it an attractive investment for both seasoned and emerging investors. The property's current condition is excellent, with no immediate deferred maintenance needs. This is a rare opportunity to acquire a well-maintained, income-producing industrial portfolio in a desirable location.