$3,545,455 USD
866-889-0550
1390 Dunlawton Ave
Port Orange, FL 32127
Outer Port Orange
HIGHLIGHTS
- Absolute NNN lease – zero landlord responsibilities for a truly passive investment.
- Brand new 15-year lease with 2% annual increases and five, 5-year renewal options.
- Applebee's Grill + Bar, subsidiary of Dine Brands Global, Inc. (NYSE: DIN), ±1,600 locations.
- Dunlawton Ave sees over ±42,500 VPD; near Walmart, Home Depot, Target, and Lowe's.
- Port Orange population growth of 7.25% over the last 4 years.
- One of the most desirable communities in Central Florida with strong retail corridors.
FOR SALE DETAILS
PRICE
$3,545,455 USD
PRICE/SF
$604 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Applebee’s
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1996
SPRINKLERS
-
PARKING SPACES
100
LAND DETAILS
LAND ACRES
2.45 AC
LAND SF
106,722 SF
ZONING
PCD
APN/PARCEL ID
6317-08-00-0020
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866-889-0550
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