|4750 E MOODY BOULEVARD, BUNNELL FL 32110|
Located on E. Moody Blvd, also known as Florida State Road 100, in Bunnell, the Flagler County Seat. The property is 500 feet from the busy intersection of Belle Terre Parkway, and 9/10 of a mile from Flagler Executive Airport, the fourth busiest general aviation airport in the State of Florida according to the FAA, with 190,000 takeoffs and landings per year. Interstate 95 is less than two miles east of the subject property. Combined traffic count at the Moody/Belle Terre intersection is 59,000 cars per day. The subject property is surrounded by burgeoning commercial and residential growth. There is a large, neighborhood shopping centered anchored by Super Target 1000 feet to the east. Also within a two mile radius are Advent Health-Palm Coast, the Palm Coast Town Center, Flagler-Palm Coast High School, Panera Bread, Culvers, Tractor Supply, Olive Garden Italian, Walgreens, WAWA, and various other upscale retail businesses, hotels, and car dealerships. Growth is expected to continue at a rapid pace. Construction is a mixture of concrete block, wood frame and stucco. There are eight lower suites ranging from 950 to 1140 square feet. Downstairs rents average $16.68 per square foot. Most are annual NET annual leases allowing a new owner to make adjustments. Upstairs consists of 33 professional offices and shared space, including a conference room, waiting area and rest rooms. Office sizes range from 106 to 272 square feet and rents range from $17.88 to $32.88 and average $26.28 per sf per year. Most leases are annual 1 year leases to allow a new owner to make adjustments. There is a vacant piece of undeveloped property to the west of the existing improvements, ideal for a restaurant or other additional revenue center. $2,599,000.