1220 Hand Avenue
Ormond Beach, FL 32174

$6,000,000

Description

100% Leased. Built in 2005, there are a total of 50,000 square feet of space in eight buildings. Four of the buildings are 50' X 100' and four buildings are 50' X 150'. The property is in unincorporated Volusia County with B-5 Zoning.Several of the larger leases are NNN leases and several are modified gross. Most of the gross leases have short terms and can be converted to NNN within 1-2 years. The tenants have a mix of uses including retail, industrial and office.The property consistently maintains 100% occupancy with an upside for rent increases. Please contact listing broker for all showings and property visits.

Details

MLS#1052164
Sub-TypeResale
StatusActive
Year2005
Days On Site109

Features

Story(s)1

Market Activity 32174

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Area Information

StateFL
CountyVolusia
CityOrmond Beach
Zip Code32174
Area99 - Other
Listing VS Median (in 32174)
Price:
$6,000,000
low | high
Med:
$289,900
100% of Average
On Site:
109
low | high
Med:
212
51.415094339623% of Average
Listing Updated: 04/25/2019
MLS Number: 1052164
Listing Provided By:
Carl Lentz  of  SVN Alliance Commercial RE Advisors