For Sale $880,000
Property Type Office - General Office
Property Size 3,362 SF
Additional Rent Contact for pricing
Building Class B
Year Built 2007
Date Updated Oct 16, 2024

Located west of Interstate 95 between Pioneer Trail and SR 44 just off Airport Road.Small Investor Oﬀering - 3,362 SF Commercial Condo in Venetian Bay operating as Cross Creek Day School. A successful day care operating since 2013 with a long waiting list for enrollment. $68,442.00 Annual Base Rent NNN. Lease expires December 2028. 7.75% Cap Rate PLUS Tenant pays condo dues and real estate taxes. No hassle investment with Condo Association handling all building and grounds maintenance. Beneﬁt from a high foot traﬃc location with some of the best demographics in East Volusia County. Downtown Venetian Bay Town Center has approximately 2,000 homes within a short walking distance and over 2,900 homes currently and growing to over 4,000 homes in Venetian Bay at full build out. Currently estimated to be over 7,000 potential customers with over $75,000 plus Average Household Income. Building signage available. Great addition to your investment portfolio!

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Attachments

424 Luna Bella Lane, Unit M (122) Flyer (PDF) opens in new window

Highlights

Small Investor O?ering - 3,362 SF Commercial Condo in Venetian Bay
$68,442.00 Annual Base Rent NNN
7.75% Cap Rate PLUS Tenant pays condo dues and real estate taxes
Lease expires December 2028

Contacts

John W. Trost

SVN | Alliance Commercial Real Estate Advisors

Location

Getting Around

Walk Score ®
33/100 Car-Dependent
Bike Score ®
30/100 Somewhat Bikeable

Map
Street

City New Smyrna Beach, FL
Zip Code 32168
Market North Central Florida

Points of Interest

Chevron

2.84 miles
BP

3.04 miles
Murphy USA

4.32 miles
BP

4.79 miles
BJ's Gas

5.09 miles
Tesla Supercharger

5.14 miles
Murphy USA

5.75 miles
Shell

6.24 miles
Shell

7.23 miles
Shell

7.28 miles

Longleaf Pine Preserve

5.33 miles
Sugar Mill Visitor Parking

7.53 miles

Country Inn & Suites

4.92 miles
La Quinta

5.09 miles
Anchor Inn

6.45 miles
Black Dolphin Inn

7.01 miles
Buena Vista Inn

7.45 miles
Dusk to Dawn Motel

7.75 miles
All Suite Motel

7.75 miles
The Riverview Hotel & Spa

7.75 miles
Hampton Inn New Smyrna Beach

7.90 miles
Inn On The Avenue Bed & Breakfast

8.00 miles

Bistro 424

0.08 miles
Mike's

1.89 miles
Subway

2.65 miles
Popeyes

2.76 miles
McDonald's

2.79 miles
Subway

2.80 miles
Dunkin'

4.28 miles
Gaetano's Pizzeria & Restaurant

4.79 miles
Wendy's

4.82 miles
Waffle House

4.83 miles

Creekside Middle School

2.30 miles
Cypress Creek Elementary School

3.43 miles
Spruce Creek Elementary School

5.16 miles
Spruce Creek High School

5.35 miles
Sweetwater Elementary School

5.70 miles
Horizon Elementary School

5.89 miles
Chisolm Elementary School

6.00 miles
Palmer College Of Chiropractic

6.24 miles
Palmer College of Chiropractic

6.28 miles
New Smyrna Beach High School

6.46 miles

Kid City USA

8.97 miles

Frequently Asked Questions

How much does Small Investor Offering | Venetian Bay Commercial Condo cost?

The space currently listed for sale at Small Investor Offering | Venetian Bay Commercial Condo asks for $880,000.

What is the total square footage of Small Investor Offering | Venetian Bay Commercial Condo?

Small Investor Offering | Venetian Bay Commercial Condo totals 3,362 square feet.

When was this property built?

Small Investor Offering | Venetian Bay Commercial Condo was built in 2007.

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