556 Mason Ave
Daytona Beach, FL 32117
Active
List price
$1,175,000
Listing courtesy of COMMERCIAL REAL ESTATE PROF IN, 407-737-9797 (Mark Allen)
MLS# O6453154 Status Active
Listing updated October 31, 2026
- Sq ft
- 7,200
- Year built
- 1953
About this home
Commercial Real Estate Professionals, Inc. and Mark Allen, CCIM are pleased to present this stand-alone building for sale for a Direct Principal Buyer purchasing as an Investment Property with an 8.07 percent (+-) CAP RATE on a Long-Term Lease -- GREAT CASH FLOW!! This site is approved for commercial/automotive use, over 8,600(+-) SF total (Multiple buildings), and sits on over 2.4(+-) Acres with over $150,000(+-) in Renovations. The Existing Tenant has an 11-year NNN Lease currently at $7,906/month (2026), 3 percent annual escalation (excluding final year 2035). There is still over 9 years remaining on the Lease (11-year lease). The Lease is a NNN lease. Tenant pays property taxes and insurance. There is a 3 percent Annual Increases until 2034. There is no increase on the last year 2035 (rent is the same in 2035 as it is in 2034). Rent increases are in February of each year.
Facts
- Property type
- Mixed Use
- Year built
- 1953
- Lot
- 2.41 acres
- Stories
- 1
- Annual taxes
- $9,696
- Subdivision
- Mason & Carswells Holly Hill
- County
- Volusia
Virtual tour
Location
Map: OpenFreeMap, © OpenMapTiles, © OpenStreetMap contributors
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