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1515 Herbert St - NNN Office Condo For Sale 2,770 sq ft Office Unit Offered at £478,739 in Port Orange, FL 32129
INVESTMENT HIGHLIGHTS
- NNN Office Condo For Sale
- 6.64% Cap Rate
- Condo Association handles all building and grounds maintenance.
PROPERTY FACTS
| Total Property Size | 10,925 sq ft | Typical Floor Size | 10,925 sq ft |
| Property Type | Office (Unit) | Year Built | 2006 |
| Property Subtype | Medical | Total Plot Size | 0.75 ac |
| Costar Property Class | B | Parking Allocation | 4.76/1,000 sq ft |
| Floors | 1 | ||
| Use Class | PCD - Planned Commercial Development | ||
| Total Property Size | 10,925 sq ft |
| Property Type | Office (Unit) |
| Property Subtype | Medical |
| Costar Property Class | B |
| Floors | 1 |
| Typical Floor Size | 10,925 sq ft |
| Year Built | 2006 |
| Total Plot Size | 0.75 ac |
| Parking Allocation | 4.76/1,000 sq ft |
| Use Class | PCD - Planned Commercial Development |
AMENITIES
- Signage
1 UNIT AVAILABLE
Unit 210 & 211
| Unit Size | 2,770 sq ft | Sale Type | Investment |
| Price | £478,739 | Net Initial Yield | 6.64% |
| Price Per sq ft | £172.83 | NOI | £31,779.91 |
| Unit Use | Office | APN/Parcel ID | 630830022100, 630830022110 |
| Unit Size | 2,770 sq ft |
| Price | £478,739 |
| Price Per sq ft | £172.83 |
| Unit Use | Office |
| Sale Type | Investment |
| Net Initial Yield | 6.64% |
| NOI | £31,779.91 |
| APN/Parcel ID | 630830022100, 630830022110 |
DESCRIPTION
2,770 SF Office Condos For Sale in West End Village.
Long-term tenant in place since 2006, with lease running through March 31, 2028.
$42,484.80 Annual Base Rent with a 6.64% Cap Rate.
Condo Association handles all building and grounds maintenance for low-effort ownership.
Florida Vernacular architecture with a metal roof adds charm and durability.
Excellent exposure and visibility with access from Clyde Morris Boulevard and Herbert Street.
Easy access and plenty of parking available.
Ideal for medical or professional office use.
A strong addition to your investment portfolio!
LOCATION OVERVIEW
Located just east of Clyde Morris Boulevard and north of Dunlawton Avenue on Herbert Street in West End Village.
Approximately 1.8 miles to International Speedway Boulevard, 1.1 miles to Dunlawton Avenue, 3.3 miles to Beville Road, and 4.9 miles to Interstate 4.
SALE NOTES
2,770 SF Office Condos For Sale in West End Village.
Long-term tenant in place since 2006, with lease running through March 31, 2028.
$42,484.80 Annual Base Rent with a 6.64% Cap Rate.
Condo Association handles all building and grounds maintenance for low-effort ownership.
Florida Vernacular architecture with a metal roof adds charm and durability.
Excellent exposure and visibility with access from Clyde Morris Boulevard and Herbert Street.
Easy access and plenty of parking available.
Ideal for medical or professional office use.
A strong addition to your investment portfolio!
LOCATION OVERVIEW
Located just east of Clyde Morris Boulevard and north of Dunlawton Avenue on Herbert Street in West End Village.
Approximately 1.8 miles to International Speedway Boulevard, 1.1 miles to Dunlawton Avenue, 3.3 miles to Beville Road, and 4.9 miles to Interstate 4.
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1515 Herbert St - NNN Office Condo For Sale
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