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235 N Amelia Ave 14,000 SF 100% Leased Retail Building Deland, FL 32724 $2,500,000 ($178.57/SF) 7.47% Cap Rate
Investment Highlights
- NNN Leases
- Value-Add Potential
- Strong Daytime Population
Executive Summary
Amelia Plaza is a highly visible 12,800 SF retail strip center strategically located on Amelia Avenue, directly adjacent to Stetson University and within walking distance to the Volusia County Courthouse. This center is 94% occupied with a diverse, well balanced tenant mix. The property offers a very strong daytime population with over 17,000 people within 1-mile, providing consistent consumer traffic. Stable income with value-add potential, attractively priced under $200 SF.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
14,000 SF
Building Class
B
Year Built
1969
Price
$2,500,000
Price Per SF
$178.57
Cap Rate
7.47%
NOI
$186,750
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
1.06 AC
Opportunity Zone
Yes
Zoning
05C2
Parking
40 Spaces (2.86 Spaces per 1,000 SF Leased)
Frontage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Amelia Liquors
- Retailer
- -
- -
- Single Net
- Jan 2020
- McCabe's
- -
- -
- -
- Single Net
- Jan 2020
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Amelia Liquors | Retailer | - | - | Single Net | Jan 2020 | |
| McCabe's | - | - | - | Single Net | Jan 2020 |
Walk Score®
Very Walkable (81)
Bike Score®
Very Bikeable (80)
Nearby Major Retailers
Property Taxes
| Parcel Number | 7009-01-22-0010 | Improvements Assessment | $826,585 |
| Land Assessment | $231,000 | Total Assessment | $1,057,585 |
Property Taxes
Parcel Number
7009-01-22-0010
Land Assessment
$231,000
Improvements Assessment
$826,585
Total Assessment
$1,057,585
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235 N Amelia Ave
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