556 Mason Ave - Auto Repair FOR SALE


Daytona Beach, FL 32117
$1,350,000 USD
407-737-9797
556 Mason Ave, Daytona Beach, FL for Sale
$1,350,000 USD
Auto Repair - FOR SALE
1/64
null | 8.25% Cap Rate

556 Mason Ave
Daytona Beach, FL 32117


HIGHLIGHTS

  • Seller Lease Back: 10 Year Term - 3% Annual Escalations - $9,281.25/year one + NNN
  • 2.4 Acre Lot Zoning BR-1
  • 80' +/- Frontage Mason Ave
  • Over $150,000 in renovations
  • Seller will provide corporate and personal Guarantee and strong financials as tenant

OVERVIEW

Commercial Real Estate Professionals, Inc. and Mark Allen are pleased to offer this stand-alone building for sale. This site is approved for commercial/automotive use, over 8600 SF total (Multiple buildings), and sits on over 2.4 Acres with over $150,000.00 in renovations. The seller will lease back the site for 10-years at $9,281.25/year one, 3% annual escalation, NNN lease, and will provide strong financials and personal/corporate guarantee. Zoning is BR-1 $250,000.00 Price Reduction for CASH BUYER

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$156 USD /SF

CAP RATE

8.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lease Back - $250k Reduction for CASH BUYER

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

2.4 AC

LAND SF

104,544 SF

ZONING

BR-1

APN/PARCEL ID

4244-01-34-0033

ASK ABOUT THIS PROPERTY

Mark AllenCommercial Real Estate Professionals, IncMore Info
407-737-9797

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Mark AllenCommercial Real Estate Professionals, IncMore Info
407-737-9797

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