Two-Story Medical Office
For Sale
Contact for pricing
145 N Nova Rd & 525 Shadow Lakes Blvd, Ormond Beach, FL 32174
Two Ormond Beach office buildings offer dental and fully renovated medical office space with NNN lease structure.
Property SizeContact for details
Days on Market108
Property Features for 145 N Nova Rd & 525 Shadow Lakes Blvd
General Information
Standard status
Active
Property subtype
Office
Building Details
Year Renovated
2025
Stories
2
Listing Agency:
SVN | Alliance Commercial Real Estate Advisors
(386) 310-7900
Listed By:
Carl Lentz IV, CCIM · License #3068067
Source:
Crexi
Added: Apr 24
Changed: Aug 8
Last Checked: Jul 20 at 10:19PM
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 offering includes two office buildings in Ormond Beach, consisting of 145 N Nova Rd and 525 Shadow Lakes Boulevard. The 145 N Nova Rd building is a dental office with a NNN lease in place. The reported annual NOI is $75,900, supported by a 10-year lease that commenced 11/01/2025, with 3% annual increases and two 5-year options.
The 525 Shadow Lakes Boulevard building is a two-story office property that was fully renovated in 2025. Improvements listed include an ADA elevator and ADA bathrooms, along with new electrical, plumbing, windows, and floors. The property may be split into two units.
Together, the buildings provide a mix of an income-producing leased dental office and a recently renovated two-story office asset designed for flexible unit configuration.
The 525 Shadow Lakes Boulevard building is a two-story office property that was fully renovated in 2025. Improvements listed include an ADA elevator and ADA bathrooms, along with new electrical, plumbing, windows, and floors. The property may be split into two units.
Together, the buildings provide a mix of an income-producing leased dental office and a recently renovated two-story office asset designed for flexible unit configuration.
Key Highlights
- 145 N Nova Rd: 3,300 SF dental office building, NNN leased at $75,900 annual NOI with a 10‑year lease commenced 11/01/2025
- 145 N Nova Rd lease includes 3% annual increases and 2 x 5‑year options
- 525 Shadow Lakes Blvd: 4,185 SF two‑story office building fully renovated in 2025 with ADA elevator and renovated bathrooms
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,236
Businesses Nearby
Balanced
Demand for This Use
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
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Similar Off Market Nearby
- Shadow Lake Animal Hospital — 125 N Nova Rd, Ormond Beach, FL 32174
- Volenec Debra DVM — Ormond Beach, FL 32174
- Fleuchaus Nixo Leslie DVM — 380 W Granada Blvd, Ormond Beach, FL 32174
Frequently Asked Questions
What type of property is this?
Medical Office Space - Two Ormond Beach office buildings offer dental and fully renovated medical office space with NNN lease structure.
Where is this medical office space located?
The property is located at 145 N Nova Rd & 525 Shadow Lakes Blvd Ormond Beach, FL.
What are key features of this property?
This property features: 145 N Nova Rd: 3,300 SF dental office building, NNN leased at $75,900 annual NOI with a 10‑year lease commenced 11/01/2025; 145 N Nova Rd lease includes 3% annual increases and 2 x 5‑year options; 525 Shadow Lakes Blvd: 4,185 SF two‑story office building fully renovated in 2025 with ADA elevator and renovated bathrooms
