Share This Listing

Message

935 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

1515 Herbert St - NNN Office Condo For Sale 2,770 SF Office Condo Unit Offered at $640,000 in Port Orange, FL 32129

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • NNN Office Condo For Sale
  • 6.64% Cap Rate
  • Condo Association handles all building and grounds maintenance.

PROPERTY FACTS

Total Building Size 10,925 SF
Property Type Office (Condo)
Property Subtype Medical
Building Class B
Floors 1
Typical Floor Size 10,925 SF
Year Built 2006
Lot Size 0.75 AC
Parking Ratio 4.76/1,000 SF
Zoning PCD - Planned Commercial Development

AMENITIES

  • Signage

1 UNIT AVAILABLE

Unit 210 & 211

Unit Size 2,770 SF
Price $640,000
Price Per SF $231.05
Condo Use Office
Sale Type Investment
Cap Rate 6.64%
NOI $42,484.80
APN/Parcel ID 630830022100, 630830022110
DESCRIPTION

2,770 SF Office Condos For Sale in West End Village.
Long-term tenant in place since 2006, with lease running through March 31, 2028.
$42,484.80 Annual Base Rent with a 6.64% Cap Rate.
Condo Association handles all building and grounds maintenance for low-effort ownership.
Florida Vernacular architecture with a metal roof adds charm and durability.
Excellent exposure and visibility with access from Clyde Morris Boulevard and Herbert Street.
Easy access and plenty of parking available.
Ideal for medical or professional office use.
A strong addition to your investment portfolio!

LOCATION OVERVIEW
Located just east of Clyde Morris Boulevard and north of Dunlawton Avenue on Herbert Street in West End Village.
Approximately 1.8 miles to International Speedway Boulevard, 1.1 miles to Dunlawton Avenue, 3.3 miles to Beville Road, and 4.9 miles to Interstate 4.

SALE NOTES

2,770 SF Office Condos For Sale in West End Village.
Long-term tenant in place since 2006, with lease running through March 31, 2028.
$42,484.80 Annual Base Rent with a 6.64% Cap Rate.
Condo Association handles all building and grounds maintenance for low-effort ownership.
Florida Vernacular architecture with a metal roof adds charm and durability.
Excellent exposure and visibility with access from Clyde Morris Boulevard and Herbert Street.
Easy access and plenty of parking available.
Ideal for medical or professional office use.
A strong addition to your investment portfolio!

LOCATION OVERVIEW
Located just east of Clyde Morris Boulevard and north of Dunlawton Avenue on Herbert Street in West End Village.
Approximately 1.8 miles to International Speedway Boulevard, 1.1 miles to Dunlawton Avenue, 3.3 miles to Beville Road, and 4.9 miles to Interstate 4.

  • Listing ID: 35238225

  • Date on Market: 3/24/2025

  • Last Updated:

  • Address: 1515 Herbert St, Port Orange, FL 32129

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}