Updated Nov 18, 2025
Dale Hersowitz And Shalini Hersowitz Of Collektion Capital Acquire Industrial Asset In Daytona Beach For $5.45M
1440 North Nova Road
$5,450,000
$119/SF
Building Size
45,600 SF
Asset Type
Industrial
Closing
Oct 13, 2025
About this deal
AI
The industrial asset located at 1440 North Nova Road in Daytona Beach has been sold for $5,450,000. The property encompasses a total square footage of 45,600, resulting in a price per square foot of $119.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,450,000
- Buyer: Dale Hersowitz & Shalini Hersowitz - Collektion Capital
- Seller: Matthew Banker - Nova Commerce Center
- Seller's Representative: Carl Lentz - SVN Alliance
- Date of Sale: 10/14/2025
Collektion Capital LLC, represented by Dale Hersowitz and Shalini Hersowitz, is looking for additional acquisition opportunities across Florida and Georgia. Matthew Banker, representing Nova Commerce Center, was the seller in this transaction.
On the Map
$5,450,000
$119/SF
Industrial
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Players
Daytona Beach Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.91%
Cash-on-Cash
-0.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93