1403 N Woodland Blvd - Restaurant FOR SALE


Deland, FL 32720- Outer Deland/Deltona
$2,000,000 USD
786-566-1446
1403 N Woodland Blvd, Deland, FL for Sale
$2,000,000 USD
Restaurant - FOR SALE
1/4
null | 5.75% Cap Rate

1403 N Woodland Blvd
Deland, FL 32720
Outer Deland/Deltona


HIGHLIGHTS

  • Triple Net 15 Year Lease with 5 Renewal Options and 7.5% Increases in Rent Every 5 Years
  • Located in Part of the Deltona-Daytona Beach-Ormond Beach Metropolitan Area (Population 746,933)
  • Deland is Home to Stetson University (3,775 Students and Florida’s Oldest Private University), Museum of Art-Deland and Deland Municipal Airport
  • Apartments nearby Include Athens Commons and Shopping Centers Nearby Include Northgate Shopping Center
  • 7 Brew is a Rapidly Expanding Drive-Thru Coffee Franchise Founded in 2017 Backed by Blackstone, Inc. with Over 600 Locations Across the U.S

OVERVIEW

The Issenberg-Britti Group of Surmount is pleased to present for sale this 780 square foot 7 Brew Drive-Thru Coffee located at 1403 Woodland Blvd. in Deland, Florida (Population 37,351) and part of the Deltona-Daytona Beach-Ormond Beach Metropolitan Area (Population 746,933). Deland is home to Stetson University (Florida’s Oldest Private University 3,775 Students) and home to Museum of Art-Deland and The Deland Municipal Airport. Apartments nearby this 7 Brew include Athens Commons and shopping centers nearby include Northgate Shopping Center. 7 Brew is a rapidly expanding drive-thru coffee franchise founded in Rogers, Arkansas in 2017. It is backed by Blackstone Inc. which operates over 600 locations across the United States. It stands out for its high-energy service and customization options, offering over 20,000 unique drink combinations. 7 Brew places a heavy emphasis on community connection and speed of service, often hiring locally and promoting from within. The 7 Brew Chain boasts impressive sales with top-performing locations grossing over $4 Million Annually. This Triple Net 15-year lease has 5 five-year option periods with 7.5% increases in rent every 5 years.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$828 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

05C-2

APN/PARCEL ID

7004-02-04-0053

ASK ABOUT THIS PROPERTY

Ronnie IssenbergSurmountMore Info
786-566-1446

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Ronnie IssenbergSurmountMore Info
786-566-1446

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