1972 Lpga Blvd - Fast Food FOR SALE


Daytona Beach, FL 32117- Greater Daytona
$2,929,293 USD
734-755-6359
1972 Lpga Blvd, Daytona Beach, FL for Sale
$2,929,293 USD
Fast Food - FOR SALE
1/5
null | 4.95% Cap Rate

1972 Lpga Blvd
Daytona Beach, FL 32117
Greater Daytona


HIGHLIGHTS

  • PRIME LOCATION IN DEVELOPING AREA OF FLORIDA! 10% Rental Rate Increases Every 5 Years
  • Excellent Visibility - 39,500 VPD | Traffic Signaled Entrance.
  • 5 Mile Population 130,751 | Expected 21.40% Growth.
  • 5 Mile Consumer Spending is $1.4 Billion!
  • 1 Mile Population Growth Rate 26.45%! 85,500 VPD on I-95 | 33,000 VPD on FL 5A.

OVERVIEW

Fortis Net Lease is pleased to present this brand new drive-thru Dutch Bros. Coffee located in Daytona Beach, Florida - part of a large development area off of LGPA Blvd! This 15 year Absolute NNN Lease provides a 10% rent increase every 5 years including at each of the 3 (5 year) options. The lease also provides a corporate guaranty. The store is currently under construction with opening & rent start on track for January 2026. This Dutch Bros is located in a developing area on LGPA Blvd seeing 39,500 cars per day with a traffic signaled entrance. It sits in front of the new Marlowe Tomoka Village Luxury Apartments amongst other newly developed sites such as Take 5 Oil Change, Bojangles, White Castle, and Panda Express. The 5 mile population from the site is 130,751. The 1 mile household income is $64,335. This area is seeing explosive growth with the 1 mile population growth rate at 26.45%! The 5 mile consumer spending is $1.4 Billion! PRIME LOCATION to own!!! This investment will offer a new owner continued success due to the strength and proven profitability of the tenant. List price reflects a 4.95% cap rate based on NOI of $145,000. Instate Broker of Record: Brian Brockman | Bang Realty

FOR SALE DETAILS

PRICE

$2,929,293 USD

PRICE/SF

$3,083 USD /SF

CAP RATE

4.95%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dutch Bros Coffee

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,491 SF

ZONING

C-1

APN/PARCEL ID

5203-18-00-0031

ASK ABOUT THIS PROPERTY

Bryan BenderFortis Net LeaseMore Info
734-755-6359

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Bryan BenderFortis Net LeaseMore Info
734-755-6359

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