JoAnn Darling - Coldwell Banker Coast
1433 Us-1 B-8
Ormond Beach, FL 32174

$1,950,000

Description

Triple Net Investors and 1031 Exchange buyers. Class A free standing retail facility offered as a sale lease back. Corbin Saddles corporate retail facility in Ormond Beach Florida. Corbin is a world wide leader in motorcycle seats for multiple manufacturers. Corbin has been in business for 50 years and is known worldwide for their top quality products.The building is 10,928 square feet of quality air conditioned space and has a first class retail interior build-out. The facility is being offered at a 7.5% CAP rate with a long term corporate leaseback. The property enjoys dominant exposure to busy Hwy US-1 just off of Interstate I-95 and close to the worlds largest Harley Davidson dealership. This clean 100% occupied property is well suited for 1031 investors and private investors

Details

MLS#1047380
Sub-TypeResale
StatusActive
Year2006
Days On Site103

Features

SQ Feet10,928
Story(s)1
Units8
ZoningRetail

Market Activity 32174

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Area Information

StateFL
CountyVolusia
CityOrmond Beach
Zip Code32174
Area46 - Ormond N of Tomoka River, E of US1
Listing VS Median (in 32174)
Price:
$1,950,000
low | high
Med:
$277,106
100% of Average
SqFt:
10,928
low | high
Med:
1,879
100% of Average
$ / SqFt:
$178
low | high
Med:
$149
66.422290226937% of Average
On Site:
103
low | high
Med:
143
72.027972027972% of Average
Listing Updated: 12/09/2018
MLS Number: 1047380
Listing Provided By:
Greg Antonich  of  RE MAX Signature