Derrick Borges - Coldwell Banker Coast
1725 Lexington Avenue
DELAND, FL 32724

Description

THIS SALE IS FOR THE LEASEHOLD IMPROVEMENTS ONLY. 5 YEAR PROVEN POSITITVE CASH FLOW LEASE IN PLACE! YOU ARE BUYING THE 4,000 SQ FT BUILDING. LAND IS PART OF DELAND'S FEDERAL LAND LEASE FOR THE AIRPORT INDUSTRIAL PARK. PROPERTY HAS LONG TERM TENANT (SINCE 2013) WITH BRAND NEW 1 YEAR RE-LEASE AND OPTION TO EXTEND FOR UP TO 2 ADDITIONAL 6 MONTH EXTENSIONS. THIS WELL MAINTAINED CONCRETE BLOCK BUILDING OFFERS 4000 SQ FT OF HEATED AND COOLED FLEX SPACE WITH A "LIGHT INDUSTRIAL" ZONING. FEATURING 3 PRIVATE RESTROOMS, KITCHEN AREA, RECEPTION AREA, DEDICATED OFFICE SPACE AND CONFERENCE ROOM, AMPLE STORAGE AREAS WITH GRADE LEVEL ACCESS, 3 NEWER ZONED HAVAC SYSTEMS AND OPEN PARKING ON ALMOST 1 ACRE SEATED ON DIRECT ACCESS PAVED ROAD IN DELAND AIRPORT INDUSTRIAL COMPLEX. THIS STRUCTURE IS READY FOR INVESTMENT OR FUTURE OCCUPANCY.

Details

MLS#V4902349
StyleRetail
Sub-TypeResale
StatusActive
Year1960
Days On Site80

Features

SQ Feet4,000
Story(s)1

Market Activity 32724

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Area Information

StateFL
CountyVolusia
CityDELAND
Zip Code32724
Area32724 - Deland
Listing VS Median (in 32724)
Price:
$239,000
low | high
Med:
$252,655
44.286610878661% of Average
SqFt:
4,000
low | high
Med:
2,112
97.2% of Average
$ / SqFt:
$60
low | high
Med:
$122
54.633921242144% of Average
On Site:
80
low | high
Med:
332
24.096385542169% of Average
Listing Updated: 11/11/2018
MLS Number: V4902349
Listing Provided By:
Michael Scott  of  BEACH LIFE REALTY

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