Listing ID : V4914092
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Structure / Lot Size
18,080 Sqft / 3.00 Acre -
Year
2007
Description
This Village Shopping Center is very popular and has been 100% leased for years and is currently 100% Leased. There is almost 510 Feet of frontage, wrapping around a corner lot on to Pond Court There is a easement into the court of which the village owns 1/2, to the center of the road back to the center of the court, The original survey says 3.0 acres, New Asphalt paving in Dec.20, 2020 The lot is a corridor Entrance Lot into DeBary offering lots of extra landscaping. We have sidewalks A three tier fountain, lots of benches for relaxing under Palm trees. Oak trees line up Enterprise Rd offering you shade. The mature hedge & St. Augustine grass adds to the personality of this well maintained Village. Two signs are available to help promote our tenants. 21 Decorator parking lot lights (dust to dawn), A large well for watering with a 7 zone sprinkler system, 2 dumpster with enclosure, All units have a Overhead sprinkler system (required by buildings over 10,000 Sq. Ft.) Hurricane Ins. Covered with a very strong building built to with stand a hurricane. A very healthy beautiful hedge, always looks nice. This building has one of the best Storm Water systems around, with 7 double size grates. It cost a quarter of a million dollars and all of the Village rain water is contained on this property under ground. The lights keeps this property safe & lit up for our out door customers .There is 3 entrances & Exits to this property, offering easy access and even the Big delivery trucks for our famous Restaurant makes deliveries easy. There is lots of parking spaces (appx.100) plus parking in the back offering extra parking. We have 35 Crape Myrtles are beautiful in Bloom. We have very nice tenant build outs within each unit. Everyone takes pride in their business and we all support one another. We offer easy access to two I-4 exits, just off Saxon & off Dirksen Blvd. We are surrounded by DeBary's & Orange City's finest housing developments, Summerhaven ,DeBary Golf & Country Club & Glenn Abbey. Deltona is hitting 100,000 residence and yes the Big Amazon Distribution Center has opened up this year offering lots of employment. Invest in West Volusia County for your future. Total monthly rental income includes taxes & CAM. is $25,627.for 1 year it is $307,534.20. Owner will hold a first Mortgage of $1,000,000. at 4.5 % amortized over 20 years with a baloon in 5 years-( Flexable) This plaza will cost over 5 Million Dollars to reproduce, the pnly problem today is some of the rents are below Market rates with approximately 2 years remaining on each lease. copies on request.
