Small Investor Offering | Venetian Bay Commercial Condo

For Sale

424 Luna Bella Lane, Unit M (122), New Smyrna Beach, FL 32168

This New Smyrna Beach property for sale is located at 424 Luna Bella Lane, Unit M (122). The general use of Small Investor Offering | Venetian Bay Commercial Condo is office and it incorporates 3,362 square feet of class B office space. The current listed sale price for Small Investor Offering | Venetian Bay Commercial Condo is $880,000.

Contacts

broker

John W. Trost

SVN | Alliance Commercial Real Estate Advisors

Property Details

  • Property Type Office - General Office
  • Property Size 3,362 SF
  • Additional Rent Contact for pricing
  • Building Class B
  • Year Built 2007
  • Date Updated Oct 16, 2024
Located west of Interstate 95 between Pioneer Trail and SR 44 just off Airport Road.Small Investor Offering - 3,362 SF Commercial Condo in Venetian Bay operating as Cross Creek Day School. A successful day care operating since 2013 with a long waiting list for enrollment. $68,442.00 Annual Base Rent NNN. Lease expires December 2028. 7.75% Cap Rate PLUS Tenant pays condo dues and real estate taxes. No hassle investment with Condo Association handling all building and grounds maintenance. Benefit from a high foot traffic location with some of the best demographics in East Volusia County. Downtown Venetian Bay Town Center has approximately 2,000 homes within a short walking distance and over 2,900 homes currently and growing to over 4,000 homes in Venetian Bay at full build out. Currently estimated to be over 7,000 potential customers with over $75,000 plus Average Household Income. Building signage available. Great addition to your investment portfolio!

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Highlights

  • Small Investor O?ering - 3,362 SF Commercial Condo in Venetian Bay
  • $68,442.00 Annual Base Rent NNN
  • 7.75% Cap Rate PLUS Tenant pays condo dues and real estate taxes
  • Lease expires December 2028

Attachments

Getting around

  • 33/100

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  • 30/100

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Location

  • City New Smyrna Beach, FL
  • Zip Code 32168
  • Market North Central Florida

Points of Interest

  • RaceTrac

    2.69 miles

  • Chevron

    2.84 miles

  • Mobil

    3.00 miles

  • BP

    3.04 miles

  • Circle K

    4.11 miles

  • Murphy USA

    4.32 miles

  • Marathon

    4.79 miles

  • 7-Eleven

    4.95 miles

  • BJ's Gas

    5.09 miles

  • Tesla Supercharger

    5.14 miles

  • Longleaf Pine Preserve

    5.33 miles

  • Deep Creek Preserve Staging Area

    6.94 miles

  • Sugar Mill Visitor Parking

    7.53 miles

  • Country Inn & Suites

    4.92 miles

  • La Quinta

    5.09 miles

  • Bottom's Up Club

    5.62 miles

  • Anchor Inn

    6.45 miles

  • Black Dolphin Inn

    7.01 miles

  • Buena Vista Inn

    7.45 miles

  • Dusk to Dawn Motel

    7.75 miles

  • All Suite Motel

    7.75 miles

  • The Riverview Hotel & Spa

    7.75 miles

  • Hampton Inn New Smyrna Beach

    7.90 miles

  • Walmart

    2.68 miles

  • ALDI

    4.40 miles

  • Love Whole Foods

    4.80 miles

  • Kohl's

    4.94 miles

  • Publix

    4.97 miles

  • Target

    5.25 miles

  • Big Lots

    5.30 miles

  • Belk

    5.34 miles

  • Marshalls

    5.35 miles

  • Winn-Dixie

    5.48 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

John W. Trost

SVN | Alliance Commercial Real Estate Advisors