6% Cap in DeLand, FL w/ National Tenant - 2450 E International Speedway Blvd, Deland, FL 32724
For Sale
For Sale
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Year Built
1981
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Total Building Size
7,200 RSF
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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
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 TypeRetail
- Year Built1981
- Sale Price$350,000
- Total Building Size7,200RSF
- Total Acres0.57
- Building ClassC
- Sale StatusAvailable
- Last updatedApr 06, 2021
- Property ID2190121