$13,770,000 USD
954-302-7365
1290-1310 W Granada Blvd
Ormond Beach, FL 32174
Outer Ormand Beach
HIGHLIGHTS
- Three-Building Net Lease | Long-Term Operating History | Strong Tenant Lineup | Chipotle & Petco - Recent Lease Extensions
- NNN Leases | Fee Simple Ownership | No State Income Tax | Limited Landlord Responsibilities
- Signalized, Hard Corner Intersection | Large 17.78-AC Parcel | Off Interstate 95 (85,500 VPD) | Excellent Visibility & Access
- Demographics In 5-mile Trade Area | Proximity to Daytona Beach
OVERVIEW
• Opportunity to acquire Shoppes on Granada, a three-building multi-tenant net lease investment opportunity
• Strong tenant lineup that features Chipotle, The Bronx Brothers, Mattress Firm, Petco, AT&T, Aspen Dental, and Panera Bread
• Mattress Firm ranks in the 73rd percentile (509 out of 1,933) of all nationwide locations (Placer.ai)
• The tenants have proven successful at this location with long operating histories
• Chipotle and Petco recently signed lease extensions, furthering commitment to
the site
FOR SALE DETAILS
PRICE
$13,770,000 USD
PRICE/SF
$788 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Shoppes on Granada - Ormond Beach FL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2016
SPRINKLERS
-
PARKING SPACES
140
LAND DETAILS
LAND ACRES
17.78 AC
LAND SF
774,497 SF
ZONING
Commercial
APN/PARCEL ID
4230-00-00-0317,4230-00-00-0330
ASK ABOUT THIS PROPERTY
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954-302-7365
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954-302-7365
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