212 Fremont Ave, Daytona Beach, FL 32114

Commercial property for lease

• Description
• Downtown Daytona Beach is undergoing a major redevelopment with a new, large scale Fortune 500 Corporate Headquarters for Brown and Brown Insurance under construction. This enterprise is expected to create several hundred new high paying jobs in the area. The already picturesque Beach Street riverfront/shopping district is benefiting from a $15 million riverfront upgrade. A major new luxury apartment complex and a grocery anchored shopping center are presently in the planning stages and will further enhance and attract residents to the area. > Below market rents> Current Cap Rate 6.28%> Rentometer.com's median 2 bdrm rent within a .5 mile radius is $980/month> Using a conservative $920/month the proforma cap rate is 10.7% Building price details: $280,000.
• Contact info
• Bob Rand

  Coldwell Banker Commercial Benchmark
• Note

• Details Info about this row that located on 212 Fremont Ave, Daytona Beach, FL 32114 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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