577 W New York Ave - Office FOR SALE


Lake Helen, FL 32744
$550,000 USD
386-492-0696
577 W New York Ave, Lake Helen, FL for Sale
$550,000 USD
Office - FOR SALE
1/1
null | Request Cap Rate

577 W New York Ave
Lake Helen, FL 32744


HIGHLIGHTS

  • Five-year triple-net medical-office lease commencing May 2026, with 3% annual rent increases and two five-year renewal options.
  • Approximately 2,578 square feet configured for medical-office use.
  • Tenant-occupied investment property with limited ongoing landlord expense exposure.

OVERVIEW

Tenant-occupied medical-office investment located in Lake Helen, Volusia County, Florida. The property is subject to a five-year triple-net lease commencing May 1, 2026, with 3% annual rent increases and two additional five-year renewal options. Under the lease structure, the tenant is responsible for property taxes, insurance, and operating expenses, providing the owner with limited ongoing expense exposure. The property offers convenient access to Interstate 4 and the greater DeLand and Central Florida markets. Its medical-office use, contractual rent increases, and renewal options make it well suited for an investor seeking a professionally occupied income-producing property. Tenant identity and lease documents will be provided to qualified buyers. Tenant-occupied property: please do not visit, approach employees, or contact the tenant. All inquiries and property tours must be coordinated through the listing broker.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$213 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,333 SF

ZONING

NRC

APN/PARCEL ID

7130-02-20-0040

ASK ABOUT THIS PROPERTY

Bert RisdonFlorida Business Exchange, Inc.More Info
386-492-0696

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Bert RisdonFlorida Business Exchange, Inc.More Info
386-492-0696

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