1445 S Nova Rd - Fast Food FOR SALE


Daytona Beach, FL 32114
$2,333,000 USD
949-244-6644
1445 S Nova Rd, Daytona Beach, FL for Sale
$2,333,000 USD
Fast Food - FOR SALE
1/6
null | 6% Cap Rate

1445 S Nova Rd
Daytona Beach, FL 32114


HIGHLIGHTS

  • Brand New Construction 7 Brew | Growing Drive-Thru Only Rapid Service Coffee Concept | Largest 7 Brew Franchisee w/ 39+ Locations across 6 states
  • Absolute NNN Ground Lease | 20-Year Primary Term plus Options | 1.00% Annual Rental Increases
  • Strong Retail Corridor | Located on S Nova Rd (37,000 VPD) & 1,000 ft from the Intersection of Beville Rd & S Nova Rd (63,074 VPD)
  • 3.6 Mi from Daytona Boardwalk Amusements | 1.5 Mi from Daytona Beach International Airport / 2.8 Mi from Daytona International Speedway
  • Excellent Visibility & Access | Outparcel to Planet Fitness, American Freight, BioLife Plasma Services
  • Diverse Economic Center | Strong Demographics in Trade Area

OVERVIEW

Newmark, as an exclusive advisor, is pleased to present the opportunity to acquire a single-tenant, net leased 7 Brew in Daytona Beach, FL. NNN (GL) Lease Structure 20 Years of Lease Term Remaining Leased Fee Ownership Interest

FOR SALE DETAILS

PRICE

$2,333,000 USD

PRICE/SF

$4,487 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7 Brew

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,278 SF

ZONING

Restaurant Drive In

APN/PARCEL ID

5340-36-00-0050

ASK ABOUT THIS PROPERTY

Matt BerresNewmarkMore Info
949-244-6644

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Matt BerresNewmarkMore Info
949-244-6644

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