955 Foster WAY new Save Request In-Person Tour Request Virtual Tour
Daytona Beach,FL 32119
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 25,094 sqft
Price per Sqft $155
MLS Listing ID 1210084
Originating Board Daytona Beach Area Association of REALTORS®
Year Built 2008
Annual Tax Amount $27,576
Lot Size 0.574 Acres
Lot Dimensions 0.57
Property Sub-Type Office
Property Description
Located at 955 Foster Way (Building 3) within Landmark Business Park, this fully leased 25,000 SF mixed-use facility is home to six diverse tenants, including local, national, and global businesses. The current ownership has made significant improvements, enhancing the property's appeal and ensuring strong tenant retention. Strategically positioned just minutes from the new I-4 and I-95 intersection, the area is experiencing rapid growth with thousands of new multifamily units, single-family homes, and expanding retail and commercial developments. With a 6% cap rate and rental rates poised for market adjustments, this 100% occupied investment property offers a prime opportunity with strong income potential.
Location
State FL
County Volusia
Direction South on Nova Road from International Speedway Blvd. Past Beville Road to Foster Way
Exterior
Parking Features Parking Lot
Building
Lot Description Other
Water Public
Others
Senior Community No
Tax ID 5341-12-00-0030