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Medical Condo with Long-Term NNN Tenant
For Sale
Contact for pricing
Pending

300 Clyde Morris Blvd, Ormond Beach, FL 32174

Medical condo at a signalized corner with a long-term triple-net lease and over five years remaining.

Property SizeContact for details
Days on Market147

Property Features for 300 Clyde Morris Blvd

General Information

Standard status Pending
Property subtype Office
Listing Agency: Adams Cameron & Co Daytona Beach
Listed By: Daniel Lyonnais, CCIM · License #3196672
Source: Crexi
Added: Apr 12 Changed: Aug 16 Last Checked: Sep 4 at 8:18PM

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 Adams Cameron & Co Daytona Beach

Investment Insights

Based on property information with market context.

This medical condo unit is presented as a turnkey space with an interior configuration intended to accommodate medical professionals. The property is described as meticulously maintained and positioned to benefit from prominent, high-visibility frontage on a signalized corner.

According to the remarks, the condo is located in the heart of town amid residential developments, with a nearby medical facility referenced as supportive of ongoing healthcare demand. The investment is anchored by a long-term triple-net (NNN) lease with a tenant characterized as “AAA credit,” with over five years remaining and two renewal options.

For investors seeking an income-producing medical asset, the offering centers on the stability of the existing NNN tenancy and the unit’s maintained, medical-oriented layout in a community with active residential growth.

Key Highlights

  • Medical condo located on a signalized corner for high‑traffic visibility
  • Long‑term triple‑net (NNN) lease with over 5 years remaining
  • Tenant includes two options to renew on the NNN lease

Property Analytics

Current Use

Roberts Ken Employment Agency Michael J Parsons ... Pediatrician Roozbeh Akhtari Ophthalmologist Dr. Frank Melograna Physician Ryan Scruggs Ophthalmologist

Suggested Use

Top Pick Building Supply Auto Repair Shop Law Firm Restaurant Big Box & Wholesale Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

514
Businesses Nearby
Balanced
Demand for This Use

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical condo at a signalized corner with a long-term triple-net lease and over five years remaining.
Where is this medical office space located?
The property is located at 300 Clyde Morris Blvd Ormond Beach, FL.
What are key features of this property?
This property features: Medical condo located on a signalized corner for high‑traffic visibility; Long‑term triple‑net (NNN) lease with over 5 years remaining; Tenant includes two options to renew on the NNN lease
(386) 852-7932 Call to check price and availability
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