Log In/Sign Up
Your email has been sent.
Call for Offers- Friday 1/23/36 2 Industrial Properties Offered at $6,700,000 in Ormond Beach, FL
INVESTMENT HIGHLIGHTS
- Absolute NNN Sale-Leaseback to Original Operator: Leased to ITA Acquisition LLC (dba Mirasol Shutters) under a 12-year absolute NNN lease through 2034
- Below-Market Rent with Embedded Upside: Current rent of $6.80/SF NNN is materially below regional industrial market rents ($9–$11 /SF NNN+)
- Strategic North Florida Location: Positioned in Airport Business Park, minutes from I-95, I-4, U.S. 1, and Ormond Beach Municipal Airport
- Mission-Critical Manufacturing Facility: The tenant designs and manufactures its flagship Mirasol Shutter line from this property
- Attractive Basis and Yield Growth: Offered at $6.7M ($125/SF), well below replacement cost for comparable Florida industrial product
EXECUTIVE SUMMARY
Ownership has elected to proceed with a formal Call for Offers for 7–9 Tower Circle West, Ormond Beach, Florida, an absolute triple-net industrial investment with long-term income and zero landlord responsibilities.
Offer Deadline:
Friday January 23rd, 2026 at 5:00 PM EST
The property has received strong national exposure and meaningful engagement from institutional, family office, and 1031 investors. With full due diligence available and active underwriting underway, the seller is now reviewing offers from qualified buyers.
Offer submissions should include:
Purchase price
Earnest money amount and timing
Due diligence period
Proposed closing timeline
Proof of funds and buyer track record
The seller will prioritize certainty of close, clean terms, and efficient execution. This is a straightforward, institutional-quality transaction with due diligence and tenant financials in hand and no landlord responsibilities.
If you would like to schedule a final call, tour, or discuss underwriting prior to submitting an offer, please don’t hesitate to reach out.
We look forward to reviewing your proposal.
Thank you,
Mike
904.838.6603
AIRPORT BUSINESS PARK - Industrial Investment Opportunity
Located at 7 & 9 West Tower Circle, Ormond Beach, FL 32174, this facility offers an enticing industrial investment opportunity. Currently leased to ITA Acquisition LLC (dba Mirasol Shutters) under a long-term absolute NNN agreement, this mission-critical manufacturing facility presents a solid passive income stream with zero landlord responsibilities.
With below-market rent offering built-in upside potential and a strategic location near major highways and the Ormond Beach Municipal Airport, this property provides efficient distribution reach within North Florida's thriving industrial corridor.
Priced at $6.7M ($125/SF) and boasting a stabilized cash flowing asset is a solid investment opportunity with organic yield growth expected in the near future. Don't miss out on this attractive investment in a high-demand industrial location.
Kyle Matthews
License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Offer Deadline:
Friday January 23rd, 2026 at 5:00 PM EST
The property has received strong national exposure and meaningful engagement from institutional, family office, and 1031 investors. With full due diligence available and active underwriting underway, the seller is now reviewing offers from qualified buyers.
Offer submissions should include:
Purchase price
Earnest money amount and timing
Due diligence period
Proposed closing timeline
Proof of funds and buyer track record
The seller will prioritize certainty of close, clean terms, and efficient execution. This is a straightforward, institutional-quality transaction with due diligence and tenant financials in hand and no landlord responsibilities.
If you would like to schedule a final call, tour, or discuss underwriting prior to submitting an offer, please don’t hesitate to reach out.
We look forward to reviewing your proposal.
Thank you,
Mike
904.838.6603
AIRPORT BUSINESS PARK - Industrial Investment Opportunity
Located at 7 & 9 West Tower Circle, Ormond Beach, FL 32174, this facility offers an enticing industrial investment opportunity. Currently leased to ITA Acquisition LLC (dba Mirasol Shutters) under a long-term absolute NNN agreement, this mission-critical manufacturing facility presents a solid passive income stream with zero landlord responsibilities.
With below-market rent offering built-in upside potential and a strategic location near major highways and the Ormond Beach Municipal Airport, this property provides efficient distribution reach within North Florida's thriving industrial corridor.
Priced at $6.7M ($125/SF) and boasting a stabilized cash flowing asset is a solid investment opportunity with organic yield growth expected in the near future. Don't miss out on this attractive investment in a high-demand industrial location.
Kyle Matthews
License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
DATA ROOM Click Here to Access
- Offering Memorandum
- Lease
- Survey
TAXES & OPERATING EXPENSES (ACTUAL - 2026) Click Here to Access |
ANNUAL |
|---|---|
| Gross Rental Income |
-
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
-
|
| Net Operating Income |
$99,999
|
TAXES & OPERATING EXPENSES (ACTUAL - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
PROPERTY FACTS
| Price | $6,700,000 | Status | Active |
| Price / SF | $126.44 / SF | Number of Properties | 2 |
| Sale Condition | Sale Leaseback | Individually For Sale | 0 |
| Cap Rate | 5.41% | Total Building Size | 52,990 SF |
| Sale Type | Investment | Total Land Area | 3.20 AC |
| Price | $6,700,000 |
| Price / SF | $126.44 / SF |
| Sale Condition | Sale Leaseback |
| Cap Rate | 5.41% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 52,990 SF |
| Total Land Area | 3.20 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Bldg 1
9 W Tower Cir, Ormond Beach, FL 32174 |
Industrial | 32,830 SF | 1996 | - |
|
Bldg 2
7 W Tower Cir, Ormond Beach, FL 32174 |
Industrial | 20,160 SF | 1998 | - |
1 1
1 of 12
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Call for Offers- Friday 1/23/36
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.