Log In/Sign Up
Your email has been sent.
1094 Derbyshire Rd
Daytona Beach, FL 32117
Fresh Stop: Daytona Beach, FL · Retail Property For Sale
Investment Highlights
- 20-year absolute NNN lease featuring a guaranty from Madison Capital Group LLC
- ?Investors benefit from fee simple ownership of the building and land, allowing for the potential benefits of bonus depreciation.
- ?The absolute NNN structure shifts all expenses (taxes, insurance, maintenance/repairs, CAM) entirely onto Tenant.
Executive Summary
CBRE is pleased to exclusively offer for sale the 1,673-square-foot Fresh Stop situated on 0.43 acres in Daytona Beach, FL.? At closing, Fresh Stop will execute an individual 20-year absolute NNN lease featuring a guaranty from Madison Capital Group LLC and 2.00% annual rent increases through the primary term and in each of the four, 5-year renewal options.
Property Facts
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Building Size
1,673 SF
Year Built
1965
Price
$3,314,000
Price Per SF
$1,980.87
Cap Rate
7.25%
NOI
$240,265
Percent Leased
100%
Building Height
1 Story
Building FAR
0.09
Lot Size
0.43 AC
Opportunity Zone
Yes
Zoning
B5 - B-5 CENTRAL BUSINESS DISTRICT
Frontage
130’ on Derbyshire Rd
Property Taxes
| Parcel Number | 5202-00-00-0270 | Improvements Assessment | $186,286 |
| Land Assessment | $126,745 | Total Assessment | $313,031 |
Property Taxes
Parcel Number
5202-00-00-0270
Land Assessment
$126,745
Improvements Assessment
$186,286
Total Assessment
$313,031
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
