3685 S Clyde Morris Boulevard
Port Orange, FL 32129

Listed at $2,490,000

Details

  • MLS# 1228971
  • Commercial - Business
  • Status Active
  • 0 Bedrooms
  • Bathrooms
  • 0 Square Feet
  • 0 Lot Size
  • Built in 0
  • Local Schools

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...read more Surgery Center of Volusia - with new residential and multifamily development continuing to feed the trade area. Sherwin-Williams - corporate-guaranteed, single-tenant NNN investment10-year term + six 5-year options (up to 40 years)10% rent bumps every 5 years for growing passive income24,000 AADT corridor near national tenants and new residential growth

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All Property Features

  • Property Type: Commercial - Business
  • Days on Site: 1
  • Directions: Located on the east side of Clyde Morris Boulevard between Reed Canal Road and Richel Drive.
  • Lot Description: Other
  • Parcel #: 630619000030
  • Parking: Other
  • Property Attached Y/N: No
  • Property Sub-Type: Retail
  • SQFT Total: 3995