2820 Howland Blvd - Storefront Retail/Office FOR SALE


Deltona, FL 32725- Deltona Lakes
$1,200,000 USD
321-978-6530
2820 Howland Blvd, Deltona, FL for Sale
$1,200,000 USD
Storefront Retail/Office - FOR SALE
1/46
null | 5.64% Cap Rate

2820 Howland Blvd
Deltona, FL 32725
Deltona Lakes


HIGHLIGHTS

  • Location, location, location
  • New housing development with 280 new homes one block away
  • On County road in growing Deltona down from I-4

OVERVIEW

Prime neighborhood retail/office plaza on high traffic Howland Boulevard in Deltona, FL, less than a block from the approved 277 unit Catalina Pointe build to rent community and with convenient access to I 4. This 4,460 SF, two story multi tenant building on 0.34± acres offers seven units (six ground floor suites and one second floor space) plus a garage and storage units, currently about 78% occupied. All tenants are on month to month leases, giving a new owner immediate income with the flexibility to re tenant, restructure leases, or implement a new tenant mix. Zoned C 1 Retail Commercial, the property supports a broad range of retail, professional office, and personal service users, with additional upside as surrounding residential growth increases demand and as future utility upgrades may expand allowed uses. Additional highlights include 100’ of frontage on a major corridor, 18 parking spaces (approx. 4.0/1,000 SF), strong visibility, and proximity to other neighborhood retail, medical, and service users. Ideal for investors seeking a value add strip center in a growth market or an owner user who wants to occupy a portion of the building while collecting rental income from the balance.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$269 USD /SF

CAP RATE

5.64%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

Commercial 1

APN/PARCEL ID

8130-39-09-0090

ASK ABOUT THIS PROPERTY

Linda BerkColdwell Banker Res. R.E.LLCMore Info
321-978-6530

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Linda BerkColdwell Banker Res. R.E.LLCMore Info
321-978-6530

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