For Lease
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Property summary
This exceptional investment opportunity presents a fee-simple interest in the Shoppes of East Deltona, a thriving 8,450-square-foot multi-tenant retail center located at 121 Howland Blvd, Deltona, FL 32738. Boasting a 100% occupancy rate with six tenants, including national brands like T-Mobile, Hungry Howie's Pizza, and GameStop, this stabilized property offers a compelling 6.00% cap rate and a strong NOI of $200,640. Built in 2009, the single-story, concrete block structure sits on a 42,689-square-foot lot and provides ample parking with 42 spaces. The property benefits from its strategic outparcel location adjacent to a Walmart Supercenter, McDonald's, a gas station, and a Fairwinds Credit Union, ensuring high visibility and consistent traffic. The property features rent bumps, and the current owner, also the original builder, has meticulously maintained the center since its construction. This is a rare opportunity to acquire a well-established, high-performing retail center in a desirable location with a proven track record of success. The property's strong tenant mix, excellent location, and consistent occupancy make it an ideal addition to any investment portfolio. The property is offered at $3,344,000.
Property profile
VerifiedCap rate & NOI
Current use
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Mobile Phone Store Electronics & Wireless Store
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Arcade & Gaming Center Electronics & Wireless Store
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Nail Salon
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Restaurant
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(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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