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Property Overview
Inquire About This Property
List Price: $3,500,000
MLS #: 525849
600 N Seabreeze Blvd - Daytona Beach, FL 32118
Provided by Daytona MLS
-This is a package deal .Walgreens: Walgreens-In first option year of 50 year lease ending in 2040. Renewed 2010-2015 at $199,084 NN/yr; the 2015-2020 option period was waived by Walgreens due rent concession down to the $199,084 making the next option period 2020-2025; in 2015 rent goes to $221,184. Walgreens invested $500,000 with the renewal.This Walgreens does not have drive through or Liquor. During the negotiations for the 2010-2020 period Walgreens indicated they wanted to lease the vacant lot referenced above to put in a drive through and liquor. In the last conversation with them in 2010 they wanted to do it but have not yet. The lease will be renegotiated if they want the vacant lot. Vacant Lot- (According to the owner), the lot is producing an annual income as a beach parking lot, operating Thursday thru Sunday most weeks in the Summer. This lot is included in the purchase price or can be excluded and current owner will keep the lot and deal with Walgreens should they lease for drive through and Liquor or it can be bought by new buyer.Both properties feed off of A1A (the ocean highway in Daytona). Located close to the new (and 5th largest) Conference Center in Florida.*Confidential information will be supplied with submittal and acceptance of a contingency contract.
Property Type Commercial/Industrial Property
Total Sqft. Contact for More Information
Year Built 1990
Listing Office Prudential Commercial Real Estate FL
Sale or Lease Contact for More Information
Directions -From US1 go east on Mason Ave, cross over Seabreeze bridge continue east to A1A turn south onto Atlantic. Property is on west
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