Beachside Realty of Volusia County Inc
Listed by Beachside Realty of Volusia County Inc
$648,000
Clock Tower Plaza
Details
APN 5344-11-00-0310
Property Type Retail, Special Purpose
Sub Type Storefront, Sports/Entertainment
Square Footage 3,900
Net Rentable (SqFt) 3,900
Units 4
Cap Rate 2.16%
NOI $14,012
Occupancy 100%
Tenancy Multi
Lease Type Modified
Lease Options none
Price per SqFt $166
Year Built 1982
Buildings 1
Stories 1
Acreage 0.330
Parking Spaces 19 spaces
Parking Per SqFt 4.87
Occupancy Date 07/03/2025
Ownership 100%
Sale Condition For sale by owner
Landmark Property The Clock Tower on South Ridgewood
Marketing description
Well-known landmark, the Clock Tower Plaza is being offered for sale Across from the Sunshine Plaza, it is fully rented.
One unit has a kitchen and fire alarm system
Tenants are month to month Base rent is $2378.00 and tenants pay extra for water
Retention pond on south side of building
The adjacent 2335 S Ridgewood Avenue
is offered with it at $1,250,000.00
Great location Great opportunity! Call today
Investment highlights
Lease expiring ability to raise rents
Listing Contacts
Beachside Realty of Volusia County Inc
Listed by Beachside Realty of Volusia County Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$14,012.00
$1,167.67/mo
Valuation Metrics
0
DSCR
2.16%
Cap Rate
2.16%
ROI
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