715 Mason Avenue, Daytona Beach, FL
Retail for Sale - $725,000 - 10,000 Sq. Ft. on 0.59 acres
Property Info
CIMLS# | 875098 |
Location 715 Mason Avenue Daytona Beach FL 32117 | |
Updated | July 9th, 2016 |
Type | Retail |
Price | $725,000 |
Building | 10,000 Sq. Ft. |
Land | 0.59 acres |
Property Description
SVN is pleased to present this Family Dollar Investment in Daytona Beach, Florida with a lease term through June 30, 2017. There are three five (5) year renewal options with 10% increases per renewal term. The landlord is reimbursed for taxes above the base year 2001, pays the insurance and is responsible for the roof and structure.
The tenant is responsible for the parking lot, landscaping, grounds, interior repairs plus repairs to HVAC, plumbing and electrical capped at $2,000 per lease year. The property was renovated for Family Dollar in 2002 including three new HVAC units, new electrical, plumbing and metal roof.
The signalized corner lot with an 11,000+ traffic count, has off street parking and is located in a densely populated area. Store sales are supported by local residents.
Location Description:
The signalized corner lot with an 11,000+ traffic count, has off street parking and is located in a densely populated area. Store sales are supported by local residents.
Highlights:
>> Family Dollar Investment
>> Urban location - 64K+ pop \ $38K+ Avg HH Income 3 miles
>> Signalized 0.59 acre corner parcel with 11,000+ traffic count
>> No state tax on real estate rent\income
* Email for additional photos
Financials
Sales Info:
>> Commision split: 2.0%