1433-1439 N US Highway 1 - Medical CONDO FOR SALE


Ormond Beach, FL 32174
$1,250,000 USD
386-589-5754
1433-1439 N US Highway 1, Ormond Beach, FL for Sale
$1,250,000 USD
Medical CONDO - FOR SALE
1/4
null | 6.53% Cap Rate

1433-1439 N US Highway 1
Ormond Beach, FL 32174


HIGHLIGHTS

  • Long-Term Tenant (Volusia County Sherrif Office)
  • NNN Lease
  • 4% Annual Escalations
  • Lease Thru May 2029

OVERVIEW

Prime Investment Opportunity in Volusia County, FL! This income-generating property consists of four fully leased units, occupied by the Volusia County Sheriff's Office since 2014. With a recently renewed lease through May 2029 and options to extend, this NNN investment offers stability and strong returns with a 6.5+ CAP rate. Strategically located on N US Hwy 1, directly across from the future Ormond Crossings—a transformative 3,000-acre mixed-use development featuring a Town Center, Business Park, and diverse housing options. Benefit from high visibility with 25,500 AADT on US 1 and seamless access to I-95 and key area attractions. Don't miss this rare opportunity to own a high-performing asset in a rapidly growing market!

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$229 USD /SF

CAP RATE

6.53%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Volusia County Sheriff Office-Investment

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

15,000 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

120

LAND DETAILS

LAND ACRES

8 AC

LAND SF

348,480 SF

ZONING

B-8

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Beau WarrenRealty Pros CommercialMore Info
386-589-5754

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Beau WarrenRealty Pros CommercialMore Info
386-589-5754

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.