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Excellent opportunity to acquire a fully leased, income-producing investment property in the heart of Daytona Beach. The property is secured by a new 5-year NNN lease with the tenant paying $3,500 per month ($42,000 annually) and 3% annual rent escalations, providing immediate cash flow and built-in income growth. This distinctive A-frame building features a fully equipped restaurant on the first floor with commercial kitchen, counter seating, table service, and an ADA-compliant restroom. The second floor offers flexible space ideal for office, storage, inventory, or additional operations. Positioned along a high-visibility commercial corridor with on-site parking, the property is minutes from Bethune-Cookman University, downtown Daytona Beach, medical facilities, and the beachside. An excellent opportunity for investors seeking a stabilized, low-management asset with long-term upside.
Features
Age: Over 50 Years Old
Heating System: Electric (Heating)
Heating System: Central
Legal Description: 38-15-33 & 39-15-33 E 33.5 FT OF LOT 1 EXC ST BLK C SLOUGH ESTATE RESUBDIVISION MB 4 PG 190 MB 15 PG 114 OF HODGMANS DAYTONA MB 2 PG 82 MB 12 PG 13-15 PER OR 3830 PG 3576