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SVN | ALLIANCE COMMERCIAL REAL ESTATE ADVISORS | 1275 WEST GRANADA BLVD., SUITE 5B, ORMOND BEACH, FL 32174 OFFERING MEMORANDUM
OCEANSIDEEXECUTIVECENTER-FULLYFURNISHED OFFICE140 S. ATLANTIC AVENUEORMOND BEACH, FL 32176
Carl W. Lentz IV, MBA, CCIMManaging [email protected]
John W. Trost, CCIMPrincipal | Senior [email protected]
Tim C. Davis, CCIMPrincipal/ Senior Vice [email protected]
OFFERING SUMMARY
AVAILABLE SF: 5,336 SF - 26,682 SF
LEASE RATE: $14.00 NNN
YEAR BUILT: 1975
RENOVATED: 2010
PARCEL NO: 4214-09-06-0070
TRAFFIC COUNT: 17,800 AADT
ZONING: B-4 Central Business
PROPERTY OVERVIEWBeachside 26,682+/- SF fully furnished office building in Ormond Beach,Florida available for lease as soon as June of 2019.The interior of the property was completely redesigned and remodeled from2012 through 2016 at a cost of over $2,400,000.The property sits on just under one acre directly across the street from theocean with ocean views throughout the building.The HVAC system is designedwith two zones per floor.There are 88+/- parking spaces and a full building generator with 800 Gallonsof diesel storage on site.Additional improvements and features include a new roof in 2015, new HVACsystem, storm shutters, new interior fire sprinkler system, updated elevatorcomponents, and ADA compliant bathrooms.Pass through expenses are anticipated to be $4.20 per square foot per yearand include all utilities.All showings are by appointment only.
LOCATION OVERVIEW
Located on the beachside in Ormond Beach. The property sits on thewest side of South Atlantic Avenue approximately 1/4 mile south ofGranada Boulevard.Directly south of Stonewood Grill & Tavern.
Property Summary
OCEANSIDE EXECUTIVE CENTER-FULLY FURNISHED OFFICE | 140 S. ATLANTIC AVENUE, ORMOND BEACH, FL 32176 SVN | Alliance Commercial Real Estate Advisors | Page 2
The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy andcompleteness. All SVN® offices are independently owned and operated.
Interior Photos
OCEANSIDE EXECUTIVE CENTER-FULLY FURNISHED OFFICE | 140 S. ATLANTIC AVENUE, ORMOND BEACH, FL 32176 SVN | Alliance Commercial Real Estate Advisors | Page 3
The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy andcompleteness. All SVN® offices are independently owned and operated.
Interior Photos
OCEANSIDE EXECUTIVE CENTER-FULLY FURNISHED OFFICE | 140 S. ATLANTIC AVENUE, ORMOND BEACH, FL 32176 SVN | Alliance Commercial Real Estate Advisors | Page 4
The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy andcompleteness. All SVN® offices are independently owned and operated.
First Floor Plan
OCEANSIDE EXECUTIVE CENTER-FULLY FURNISHED OFFICE | 140 S. ATLANTIC AVENUE, ORMOND BEACH, FL 32176 SVN | Alliance Commercial Real Estate Advisors | Page 5
The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy andcompleteness. All SVN® offices are independently owned and operated.
Second Floor Plan
OCEANSIDE EXECUTIVE CENTER-FULLY FURNISHED OFFICE | 140 S. ATLANTIC AVENUE, ORMOND BEACH, FL 32176 SVN | Alliance Commercial Real Estate Advisors | Page 6
The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy andcompleteness. All SVN® offices are independently owned and operated.
Third Floor Plan
OCEANSIDE EXECUTIVE CENTER-FULLY FURNISHED OFFICE | 140 S. ATLANTIC AVENUE, ORMOND BEACH, FL 32176 SVN | Alliance Commercial Real Estate Advisors | Page 7
The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy andcompleteness. All SVN® offices are independently owned and operated.
Fourth Floor Plan
OCEANSIDE EXECUTIVE CENTER-FULLY FURNISHED OFFICE | 140 S. ATLANTIC AVENUE, ORMOND BEACH, FL 32176 SVN | Alliance Commercial Real Estate Advisors | Page 8
The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy andcompleteness. All SVN® offices are independently owned and operated.
Fifth Floor Plan
OCEANSIDE EXECUTIVE CENTER-FULLY FURNISHED OFFICE | 140 S. ATLANTIC AVENUE, ORMOND BEACH, FL 32176 SVN | Alliance Commercial Real Estate Advisors | Page 9
The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy andcompleteness. All SVN® offices are independently owned and operated.
Location Maps
OCEANSIDE EXECUTIVE CENTER-FULLY FURNISHED OFFICE | 140 S. ATLANTIC AVENUE, ORMOND BEACH, FL 32176 SVN | Alliance Commercial Real Estate Advisors | Page 10
The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy andcompleteness. All SVN® offices are independently owned and operated.
Retailer Map
OCEANSIDE EXECUTIVE CENTER-FULLY FURNISHED OFFICE | 140 S. ATLANTIC AVENUE, ORMOND BEACH, FL 32176 SVN | Alliance Commercial Real Estate Advisors | Page 11
The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy andcompleteness. All SVN® offices are independently owned and operated.
POPULATION 1 MILE 3 MILES 5 MILES
Total population 2,743 26,536 73,263
Median age 48.6 47.2 46.0
Median age (Male) 47.1 45.3 44.1
Median age (Female) 50.7 49.2 47.5
HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES
Total households 1,245 11,793 32,554
# of persons per HH 2.2 2.3 2.3
Average HH income $86,604 $61,339 $53,776
Average house value $180,117 $191,960
* Demographic data derived from 2010 US Census
Demographics Map
OCEANSIDE EXECUTIVE CENTER-FULLY FURNISHED OFFICE | 140 S. ATLANTIC AVENUE, ORMOND BEACH, FL 32176 SVN | Alliance Commercial Real Estate Advisors | Page 12
The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy andcompleteness. All SVN® offices are independently owned and operated.
