1515 Herbert St - Medical CONDO FOR SALE


Port Orange, FL 32129- Outer Port Orange
$640,000 USD
386-301-4581
1515 Herbert St, Port Orange, FL for Sale
$640,000 USD
Medical CONDO - FOR SALE
1/8
null | 6.64% Cap Rate

1515 Herbert St
Port Orange, FL 32129
Outer Port Orange


HIGHLIGHTS

  • NNN Office Condo For Sale
  • Condo Association handles all building and grounds maintenance.
  • 6.64% Cap Rate

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$640,000 USD

PRICE/SF

$231 USD /SF

CAP RATE

6.64%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NNN Office Condo For Sale

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

10,925 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

52

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

PCD

APN/PARCEL ID

6308-30-00-0001

ASK ABOUT THIS PROPERTY

John TrostSVN | Alliance Commercial Real Estate AdvisorsMore Info
386-301-4581

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John TrostSVN | Alliance Commercial Real Estate AdvisorsMore Info
386-301-4581

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.