82,947 SF
8.23 acres
Built in 1958
Contact Agents
Property Documents
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Ray Turchi
Senior Managing Director Investments
[email protected]
Senior Managing Director Investments
[email protected]
(407) 557-3847 (office)
(321) 297-6576 (mobile)
Investment Highlights
- 82,947 Rentable Square Foot Plaza in Central DeLand, Blocks from Stetson University
- Additional Value-Add Opportunity with 9,253 Square Feet Available and half acre Outparcel
- Plaza Occupied with Recognized Tenants
- Shadow Anchored by Walgreens and SunTrust Bank
- Frontage to Major Thoroughfare Connecting to Mount Dora and Interstate 4
- In 2014 alone, property has been substantially re-roofed, parking lot repaved and striped, building repainted, and the landscaping and irrigation systems updated
Key Metrics
Cap Rate Current Year:
8.00%
Price/ SF
$110.00
Listing Agents:
Ray Turchi
Ray Turchi
(407) 557-3847