3681-3685 Clyde Morris Blvd - Freestanding FOR SALE


Port Orange, FL 32129
$2,875,000 USD
386-451-5435
3681-3685 Clyde Morris Blvd, Port Orange, FL for Sale
$2,875,000 USD
Freestanding - FOR SALE
1/2
null | 5% Cap Rate

3681-3685 Clyde Morris Blvd
Port Orange, FL 32129


OVERVIEW

Vanguard Property Services is pleased to present the new, 3,995 SF 'build to suit' Sherwin Williams at 3685 S. Clyde Morris Blvd, Port Orange, FL 32129. This is a prime retail location in one of the most dynamic growth areas in Daytona Beach. The high-traffic corridor runs through the entire Daytona MSA, and sees up to 25,000 ADT at this point. The lease commenced November 2024, with initial term of 10 years and six 5-year options. Scheduled rents increase every 5 years through initial and option terms. The first 10% rental increase is Year 6 of the initial term. Building is free-standing, part of land condo. Common parking/access/signage.

FOR SALE DETAILS

PRICE

$2,875,000 USD

PRICE/SF

$719 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.53 AC

LAND SF

66,647 SF

ZONING

CC

APN/PARCEL ID

6306-19-00-0030

ASK ABOUT THIS PROPERTY

Sarah Vandagriff, CPMVanguard Property Services LLCMore Info
386-451-5435

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Sarah Vandagriff, CPMVanguard Property Services LLCMore Info
386-451-5435

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