YOUR DAYTONA BEACH REAL ESTATE EXPERT
CONTACT US: 386-405-4411
Jim Tobin REALTOR
YOUR DAYTONA BEACH REAL ESTATE EXPERT
CONTACT US: 386-405-4411
Jim Tobin REALTOR

725 W Granada Boulevard, Ormond Beach, FL

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$2,500,000

List Status: Active
725 W Granada Boulevard
Ormond Beach, FL 32174


Top Features
  • Office
Description
A fully stabilized, single-tenant medical office condo offered on Ormond Beach's busiest commercial corridor. Granada Professional Center presents the opportunity to acquire a portfolio of office condo units within one of Ormond Beach's most established professional complexes, 100% occupied by a single, long-tenured medical tenant. Offered at $2,500,000, with a 6.96% cap rate on current weighted average NOI of $173,896 over recently signed 5-year lease from Coastal Pain & Neurology Centers, a multi-physician specialty practice that has operated continuously at this location since 2000. The 9,180 square foot unit is built out for full medical use, featuring high ceilings, storm-rated doors and windows, and ample on-site parking, with prominent monument signage along W. Granada Boulevard (State Road 40) - carrying over 33,500 vehicles per day. With a 25-year tenured anchor, a broad insurance-accepting patient base, and the low-maintenance ownership structure of an office condo, this offering is well-suited for a private investor or 1031 exchange buyer seeking dependable, healthcare-driven income in a high-demand Florida market. Stabilized single-tenant medical office condo 100% leased to long-tenured medical tenant Cap Rate 6.96% Strong visibility on Ormond Beach's prime corridor
Property Details
Property Features
Property Sub Type
Office
Parking
Other
County
Volusia
Additional Information
Area Major
S Tomoka River, E of US1, 44 - Ormond N of 40
Area Minor
S Tomoka River, E of US1, 44 - Ormond N of 40
Bathrooms Total Decimal
0.0
Contract Status Change Date
2026-05-01
Currently Not Used Building Area Total
9180.0
Documents Change Timestamp
2026-05-01T16:56:22Z
General Property Information Directions
Located on the north side of Granada Blvd just east of Nova Road.
Listing Contract Date
2026-05-01
Location Tax and Legal Country
US
Location Tax and Legal Parcel Number
x
Lot Features Other18
Other
Major Change Timestamp
2026-05-01T16:56:22Z
Major Change Type
New Listing
Mls Status
Active
Modification Timestamp
2026-05-01T17:05:22Z
On Market Date
2026-05-01
StatusChangeTimestamp
2026-05-01T16:56:21Z
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MLS #1225921 Listing courtesy of Svn Alliance Commercial Real Estate Advisors provided by Daytona Beach Area Association Of REALTORS.

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All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. The source of the listing data is as follows: Daytona Beach Area Association Of REALTORS (updated 8/10/26 2:59 PM) |

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