100 Moderage BlvdHolly Hill, FL 32117

  • Industrial properties
  • 68,876 SF
For Sale

Property Details for 100 Moderage Blvd

Year built
1979
Property size (Sq ft)
68,876 SF
Property type
Industrial properties
Property subtype
Other industrial properties

Description

This exceptional investment opportunity presents a 68,876-square-foot manufacturing facility located at 100 Moderage Blvd, Holly Hill, Florida, 32117. The property boasts a strong 6.00% cap rate and a current Net Operating Income (NOI) of $412,608. The property consists of two buildings, constructed in 1979 and extensively renovated in 2020, situated on land with a price per square foot ranging from $100 to $110. It features a single tenant with an A+ credit rating under a triple-net (NNN) lease. The lease expires August 31, 2024, with two five-year renewal options, each including a 2.5% rent increase. The property is zoned for industrial use and currently enjoys 100% occupancy. This offering is ideally suited for a 1031 exchange. The property's location in Volusia County provides excellent access to transportation networks and a robust local economy. This is a rare opportunity to acquire a high-quality, income-producing industrial asset with significant upside potential. The property's strong tenant, favorable lease terms, and attractive cap rate make it an exceptional addition to any investment portfolio.

100 Moderage Blvd, Holly Hill, Florida

Location Insight

City
Holly Hill
County
Volusia
State
Florida
Latitude
29.2339
Longitude
-81.0399

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