3685 Clyde Morris Blvd - Freestanding FOR SALE


Port Orange, FL 32129- Outer Port Orange
$2,490,000 USD
386-301-4581
3685 Clyde Morris Blvd, Port Orange, FL for Sale
$2,490,000 USD
Freestanding - FOR SALE
1/5
null | 5.78% Cap Rate

3685 Clyde Morris Blvd
Port Orange, FL 32129
Outer Port Orange


HIGHLIGHTS

  • Sherwin-Williams - corporate-guaranteed, single-tenant net lease investment
  • 10-year term + six 5-year options (up to 40 years)
  • 10% rent bumps every 5 years for growing passive income
  • 24,000 AADT corridor near national tenants and new residential growth

OVERVIEW

Sherwin-Williams (NYSE: SHW) built 2024. Corporate-guaranteed, single-tenant net lease investment. Freestanding 3,995 SF building on 0.84+/- Acres. The 10-year initial term backed by six 5-year renewal options for up to 40 years of income potential. 10% rent bumps every five years, providing a growing, passive income stream. The asset sits on Clyde Morris Blvd in Port Orange, a 24,000 AADT corridor through the fast-growing Daytona Beach MSA, alongside national tenants including Walmart Neighborhood Market, Cumberland Farms Gas/Conv, Mister Car Wash, Dunkin', Jimmy John's, SouthState Bank, McDonalds, Conviva Care Center, 7-Eleven, Surterra, and Surgery Center of Volusia - with new residential and multifamily development continuing to feed the trade area. LOCATION OVERVIEW Located on the east side of Clyde Morris Boulevard between Reed Canal Road and Richel Drive.

FOR SALE DETAILS

PRICE

$2,490,000 USD

PRICE/SF

$623 USD /SF

CAP RATE

5.78%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,590 SF

ZONING

CC

APN/PARCEL ID

6306-19-00-0030

ASK ABOUT THIS PROPERTY

John TrostSVN | Alliance Commercial Real Estate AdvisorsMore Info
386-301-4581

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John TrostSVN | Alliance Commercial Real Estate AdvisorsMore Info
386-301-4581

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