Cornerstone Office Park - Daytona Beach, Florida

The Cornerstone Office Park is a newly developed, 94,518-square-foot, office project comprised of two 2-story, Class “A” buildings. Completed in 2006, the property is situated on 11.3 acres within the Gateway Business Center—the premier business address in Daytona Beach, Florida.

Notable for grand interior finishes, such as a marble and mahogany atrium lobby, and a grand exterior highlighted by a center fountain pond, Cornerstone Office Park has attracted significant and highly-recognized tenants such as AG Edwards, University of Phoenix, UBS Financial Services, and Countrywide Home Loans. The property is located just minutes from I-4, I-95, and Daytona Beach International Airport. It is also within commuting distance to Orlando, Jacksonville, and the Kennedy Space Center.
Here are some details on the property:

• Property Type: Office
• Purchase Price: $17,500,000
• Minimum Purchase: $400,000
• Cap Rate: 7.58%
• Projected Cash-On-Cash Return: 7.00%

A full marketing package is currently being developed for this property. If you're interested in receiving more information, please contact me and I'll send it out to you as soon as it's made available.