Office Condo with Monument
For Sale
Contact for pricing
1425 Hand Avenue, Ormond Beach, FL 32174
Hand Avenue office condo leased to a long-term tenant since 2010; condo association manages building and grounds.
Property SizeContact for details
Days on Market137
Property Features for 1425 Hand Avenue
General Information
Standard status
Active
Property subtype
Special Purpose
Additional Details
Cap Rate
8.46%
Amenities
building and monument signage
Listing Agency:
SVN | Alliance Commercial Real Estate Advisors
(386) 310-7900
Listed By:
Carl Lentz IV, CCIM · License #3068067
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 1:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Alliance Commercial Real Estate Advisors
Investment Insights
Based on property information with market context.
This Hand Avenue office condo is offered as a small investor opportunity with a long-term tenant in place since 2010. The current lease is scheduled to expire 3/31/2023. The property is part of a condo association structure where building and grounds maintenance are handled by the association. The building also features monument and related signage.
The condo is located conveniently along Hand Avenue between Clyde Morris Boulevard and Nova Road. AdventHealth Daytona Beach is approximately 2.8 miles away.
As a condo unit within a maintained office building, this space is positioned for buyers seeking an office investment with association-managed exterior and common-area upkeep.
The condo is located conveniently along Hand Avenue between Clyde Morris Boulevard and Nova Road. AdventHealth Daytona Beach is approximately 2.8 miles away.
As a condo unit within a maintained office building, this space is positioned for buyers seeking an office investment with association-managed exterior and common-area upkeep.
Key Highlights
- Office condo on Hand Avenue leased to a long‑term tenant since 2010
- Current annual base rent: $53,690; lease expires 3/31/2023
- Almost Family (NASDAQ: AFAM) tenant
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
755
Businesses Nearby
Explore this area
Business Placement
Demographics for 32174, FL
53,097
Population
26,303
Households
2
Avg Household Size
55
Median Age
33%
College-Educated
93%
High-School Grad
125.4 sq mi
ZIP Area
423
Density / Sq Mi
$67,817
Median Household Income
$41,452
Median Earnings
$1,316
Median Rent
$315,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Hand Avenue office condo leased to a long-term tenant since 2010; condo association manages building and grounds.
Where is this office units located?
The property is located at 1425 Hand Avenue Ormond Beach, FL.
What are key features of this property?
This property features: Office condo on Hand Avenue leased to a long‑term tenant since 2010; Current annual base rent: $53,690; lease expires 3/31/2023; Almost Family (NASDAQ: AFAM) tenant
