Description

Offering a rare opportunity to acquire a fully leased, 3,500-square-foot office building in Bunnell, Florida, this property is presented at $2,656,261, equating to $759.07 per square foot. Delivering a Net Operating Income of $172,657 and a 6.50 percent capitalization rate, the asset provides immediate, institutional-quality cash flow for buyers seeking stable returns in a growing market.

Constructed in 2015 on a 2.02-acre campus zoned for industrial use, the building was designed to accommodate a mix of co-working, creative, executive, medical office and R&D/life science tenants. With 100 percent occupancy, the property benefits from modern finishes, flexible floor plates and ample surface parking, making it equally attractive to owner-occupiers and investors looking to preserve upside through lease renewals and rent escalations.

Positioned on Enterprise Drive in Flagler County, this asset offers direct access to I-95 and convenient connections to Daytona Beach, St. Augustine and the broader Jacksonville metro area. Bunnell’s expanding workforce, competitive cost basis and favorable business climate continue to draw growing professional and life-science tenants, underpinned by the area’s pro-development zoning and infrastructure improvements.

This turnkey investment delivers a secure income stream with proven tenant demand, making it an ideal addition to a core or value-add portfolio. Buyers will appreciate both the immediate yield and the future growth potential afforded by rising market rents and strategic location in one of Northeast Florida’s most dynamic office corridors.