• 6% Cap in DeLand, FL w/ National Tenant - 2450 E International Speedway Blvd, Deland, FL 32724

For Sale

Retail

For Sale

This property is available for sale
0.57
Acres
$350,000
Sale Price
  • Year Built
    1981
  • Total Building Size
    7,200 RSF
  • Overview

    Warehouse/retail location on International Speedway Blvd. DON"T MISS this chance to own Central Florida real estate with an "in place" National Tenant. Fastenal (see company description below) has been the tenant for many years and recently renewed for 3 years with a 2 year option to renew. This 3600 sq. ft building on 0.6 of an acre is a perfect property for a 1031 Exchange or simply a great addition to a growing real estate portfolio. Projected cap rate for current year is 6%. "Fastenal Company is an American company based in Winona, Minnesota. Distributing goods used by other businesses, it has over 2,200 branches throughout the US, Canada, Mexico, Puerto Rico and Europe along with 13 distribution centers. Fastenal is the largest fastener distributor in North America." - According to www.fastenal.com

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Property Details

Warehouse/retail location on International Speedway Blvd. DON"T MISS this chance to own Central Florida real estate with an "in place" National Tenant. Fastenal (see company description below) has been the tenant for many years and recently renewed for 3 years with a 2 year option to renew. This 3600 sq. ft building on 0.6 of an acre is a perfect property for a 1031 Exchange or simply a great addition to a growing real estate portfolio. Projected cap rate for current year is 6%. "Fastenal Company is an American company based in Winona, Minnesota. Distributing goods used by other businesses, it has over 2,200 branches throughout the US, Canada, Mexico, Puerto Rico and Europe along with 13 distribution centers. Fastenal is the largest fastener distributor in North America." - According to www.fastenal.com

  • Property Type
    Retail
  • Year Built
    1981
  • Sale Price
    $350,000
  • Total Building Size
    7,200RSF
  • Total Acres
    0.57
  • Building Class
    C
  • Sale Status
    Available
  • Last updated
    Apr 06, 2021
  • Property ID
    2190121

Landlord's Sales Representative

  • J. Todd Swann