Small Investor Offering | Venetian Bay Commercial Condo

424 Luna Bella Lane, Unit M (122), New Smyrna Beach, FL 32168

  • 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

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

broker

John W. Trost

SVN | Alliance Commercial Real Estate Advisors

Location

Getting Around

  • Walk Score ®

    33/100 Car-Dependent
  • Bike Score ®

    30/100 Somewhat Bikeable
Powered by Walk Score ®
  • City New Smyrna Beach, FL
  • Zip Code 32168
  • Market North Central Florida

Points of Interest

  • RaceTrac

    2.69 miles

  • Chevron

    2.84 miles

  • Mobil

    3.00 miles

  • BP

    3.04 miles

  • Circle K

    4.11 miles

  • Murphy USA

    4.32 miles

  • Marathon

    4.79 miles

  • 7-Eleven

    4.95 miles

  • BJ's Gas

    5.09 miles

  • Tesla Supercharger

    5.14 miles

  • Longleaf Pine Preserve

    5.33 miles

  • Deep Creek Preserve Staging Area

    6.94 miles

  • Sugar Mill Visitor Parking

    7.53 miles

  • Country Inn & Suites

    4.92 miles

  • La Quinta

    5.09 miles

  • Bottom's Up Club

    5.62 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

  • Bistro 424

    0.08 miles

  • Mike's

    1.89 miles

  • Subway

    2.65 miles

  • Popeyes

    2.76 miles

  • McDonald's

    2.79 miles

  • Dunkin'

    4.28 miles

  • Gaetano's Pizzeria & Restaurant

    4.79 miles

  • Wendy's

    4.82 miles

  • Waffle House

    4.83 miles

  • Texas Roadhouse

    5.04 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

  • KinderCare

    9.56 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.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

John W. Trost

SVN | Alliance Commercial Real Estate Advisors