REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,490,000
Est. payment | /mo
3,995 SqFt
$ 2,490,000
Est. payment | /mo
3,995 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,995 sqft
Price per Sqft $623
MLS Listing ID 1228971
Property Sub-Type Retail
Source Daytona Beach Area Association of REALTORS®
Property Description
Sherwin-Williams (NYSE: SHW) built 2024.
Corporate-guaranteed, single-tenant net lease investment.
Freestanding 3,995 SF building on 0.84+/- Acres.
The 10-year initial term backed by six 5-year renewal options for up to 40 years of income potential.
10% rent bumps every five years, providing a growing, passive income stream.
The asset sits on Clyde Morris Blvd in Port Orange, a 24,000 AADT corridor through the fast-growing Daytona Beach MSA, alongside national tenants including Walmart Neighborhood Market, Cumberland Farms Gas/Conv, Mister Car Wash, Dunkin', Jimmy John's, SouthState Bank, McDonalds, Conviva Care Center, 7-Eleven, Surterra, and Surgery Center of Volusia - with new residential and multifamily development continuing to feed the trade area. Sherwin-Williams - corporate-guaranteed, single-tenant NNN investment
10-year term + six 5-year options (up to 40 years)
10% rent bumps every 5 years for growing passive income
24,000 AADT corridor near national tenants and new residential growth
Corporate-guaranteed, single-tenant net lease investment.
Freestanding 3,995 SF building on 0.84+/- Acres.
The 10-year initial term backed by six 5-year renewal options for up to 40 years of income potential.
10% rent bumps every five years, providing a growing, passive income stream.
The asset sits on Clyde Morris Blvd in Port Orange, a 24,000 AADT corridor through the fast-growing Daytona Beach MSA, alongside national tenants including Walmart Neighborhood Market, Cumberland Farms Gas/Conv, Mister Car Wash, Dunkin', Jimmy John's, SouthState Bank, McDonalds, Conviva Care Center, 7-Eleven, Surterra, and Surgery Center of Volusia - with new residential and multifamily development continuing to feed the trade area. Sherwin-Williams - corporate-guaranteed, single-tenant NNN investment
10-year term + six 5-year options (up to 40 years)
10% rent bumps every 5 years for growing passive income
24,000 AADT corridor near national tenants and new residential growth
Location
State FL
County Volusia
Area 24 - Port Orange N Of Dunlawton, E Of 95
Direction Located on the east side of Clyde Morris Boulevard between Reed Canal Road and Richel Drive.
Region Port Orange
City Region Port Orange
Exterior
Parking Features Other
View Y/N No
Building
Lot Description Other
Others
Tax ID 630619000030
Listed by Carl Lentz • SVN Alliance Commercial Real Estate Advisors
