CBRE is pleased to present an opportunity to acquire a newly developed 15-year corporate Miller’s Ale House located at the entrance to Cornerstone at Seminole Woods, a new 31-acre retail center anchored by BJ’s Wholesale Club on State Highway 100, just off Interstate 95, in the high-growth Florida market of Palm Coast. Chase Bank, Longhorn Steakhouse, and Chick-fil-A will also be part of this new retail center. This development is situated in the primary retail corridor of Palm Coast, contributing to the significant expansion along State Highway 100, where nearly every national retailer either has a presence or plans to establish one due to the area’s rapid population growth. The location is further enhanced by its proximity to Advent Health’s Palm Coast Hospital, Flagler Palm Coast High School, and the 2,050-acre master-planned community of Town Center, which is home to numerous new multifamily and single-family developments. According to the U.S. Census Bureau, Palm Coast is the fifth fastest-growing city in Florida, which has been the fastest-growing state in the country in recent years. Palm Coast is now the most populous city in the Volusia-Flagler region, according to researchers from the University of Florida, and is expected to continue growing rapidly over the next decade. Miller’s Ale House currently has 112 locations across the United States. In 2022 their annual revenue increased by 22.7% to $522 million.