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Aspen Dental & Mattress Firm 250 E International Speedway Blvd 7,500 SF 100% Leased Retail Building Deland, FL 32724 $4,056,000 ($540.80/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Orlando MSA | The #1 Fastest-Growing Large Region In The United States | A+ Florida Real Estate
- High Traffic Counts | 27,549 Vehicles Per Day Along E International Speedway Blvd
- Directly Across The Street From Publix And Lowe’s | Down The Road From ALDI | Short Distance From Walmart Supercenter, Newer Construction Chipotle
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for an Aspen Dental & Mattress Firm located at 250 E International Speedway Blvd, DeLand, FL 32724. The site consists of
roughly 7,600 total rentable square feet of building space on an estimated 0.81-acre parcel of land. The total annual rent is $283,920. Aspen Dental is subject to an original 10-year Double Net (NN) lease, which commenced 1/5/2016. Approximately 11.5 years remain. Their annual rent figure is $115,200. There are 8.00% increases every five years. Mattress Firm is subject to a 10-year Double Net (NN) lease with an annual rent figure of $168,720. Approximately 2.4 years remain on the original 10 year lease.
roughly 7,600 total rentable square feet of building space on an estimated 0.81-acre parcel of land. The total annual rent is $283,920. Aspen Dental is subject to an original 10-year Double Net (NN) lease, which commenced 1/5/2016. Approximately 11.5 years remain. Their annual rent figure is $115,200. There are 8.00% increases every five years. Mattress Firm is subject to a 10-year Double Net (NN) lease with an annual rent figure of $168,720. Approximately 2.4 years remain on the original 10 year lease.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,500 SF
Building Class
B
Year Built
2016
Price
$4,056,000
Price Per SF
$540.80
Cap Rate
7%
NOI
$283,920
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
0.81 AC
Zoning
01B4
Frontage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 7004-02-02-0020 | Improvements Assessment | $1,140,327 |
| Land Assessment | $297,473 | Total Assessment | $1,437,800 |
PROPERTY TAXES
Parcel Number
7004-02-02-0020
Land Assessment
$297,473
Improvements Assessment
$1,140,327
Total Assessment
$1,437,800
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Aspen Dental & Mattress Firm | 250 E International Speedway Blvd
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