121 Howland Blvd - Storefront FOR SALE


Deltona, FL 32738- Deltona Lakes
$3,727,550 USD
407-421-0777
121 Howland Blvd, Deltona, FL for Sale
$3,727,550 USD
Storefront - FOR SALE
1/7
null | 6% Cap Rate

121 Howland Blvd
Deltona, FL 32738
Deltona Lakes


HIGHLIGHTS

  • Fully leased Walmart shadowed retail investment center
  • Firehouse Subs signed a brand new 10-year lease with terms through July 2036
  • Negotiating with Hungry Howies to exercise 5-year option to extend through July 2032

OVERVIEW

LQ Commercial Orlando is pleased to exclusively offer for sale the 8,450 square foot, fully leased retail investment center strategically located in Deltona, Florida. This stabilized asset offers investors an exceptional opportunity to acquire a Walmart-shadowed retail center anchored by strong, established tenants in a high-traffic corridor. The property sits directly adjacent to a 220,000 square foot Walmart Supercenter — the dominant traffic driver in the immediate trade area. This shadow-anchor positioning provides the retail center with a consistent and substantial flow of shoppers, ensuring sustained visibility and foot traffic for all tenants. The center also benefits from a shared driveway easement with McDonald's, further enhancing accessibility and drawing from the surrounding area's robust customer base. The center is home to a quality mix of nationally recognized tenants, including Firehouse Subs, Hungry Howie's, and Metro PCS, among others. Firehouse Subs has demonstrated its commitment to the location by executing a brand new 10-year lease with a term running through July 2036, providing investors with long-term, reliable income. Additionally, ownership is currently in negotiations with Hungry Howie's to exercise a 5-year renewal option, which would extend their tenancy through July 2032 — further reinforcing the center's occupancy stability.

FOR SALE DETAILS

PRICE

$3,727,550 USD

PRICE/SF

$441 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

BPUD

APN/PARCEL ID

9206-04-00-0030

ASK ABOUT THIS PROPERTY

Dave BaltarLQ Commercial Real Estate ServicesMore Info
407-421-0777

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Dave BaltarLQ Commercial Real Estate ServicesMore Info
407-421-0777

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.