Granada Professional Center | Investment Opportunity

Investment Overview

Three fully leased office condo units offered as a portfolio on Ormond Beach's busiest commercial corridor. Granada Professional Center offers three office condo units built in 2006, featuring high ceilings, storm-rated doors and windows, ample on-site parking, and prominent multi-tenant monument signage along W. Granada Boulevard (State Road 40), which carries over 33,500 vehicles per day. The units are 100% occupied by Hopkins Hearing Institute, Seahaven Chiropractic, and The Vanity Room Salon, delivering a diversified, healthcare-focused income stream supported by a surrounding trade area with an average age of 51.1 and household incomes approaching $84,300 within three miles. Offered at $772,000 with a 7% cap rate and a current NOI of $53,951.69, this is a rare, fully stabilized investment opportunity well suited for a private investor or 1031 exchange buyer seeking low management, cash-flowing assets in a high-demand Florida market.

Investment Highlights

• Fully leased office condo portfolio
• Healthcare-focused income stream
• Cap Rate 7%
• Strong visibility on Ormond Beach's prime corridor