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3681-3685 Clyde Morris Blvd

3,995 SF Retail Building Port Orange, FL 32129 £2,268,375 (£568/SF) 5% Net Initial Yield

Executive Summary

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.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,995 SF
Building Class
B
Year Built
2024
Price
£2,268,375
Price Per SF
£568
Net Initial Yield
5%
NOI
£113,419
Tenancy
Single
Number of Floors
1
Building FAR
0.06
Land Acres
1.53 AC
Zoning
CC - Community Commercial
Frontage
105 ft on S. Clyde Morris Blvd.

Amenities

  • Dedicated Turn Lane
  • Monument Signage

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Sherwin Williams
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Sherwin Williams Retailer 99,999 SF - Lorem Ipsum -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 4,000 SF
  • Retail
  • -
  • Mar 2025

Build-to-Suit. The property will not allow for car washes, no coffee, liquor stores, or storage units to occupy. This property can include a drive thru.

Space Size Space Use Position Available
1st Floor 4,000 SF Retail - Mar 2025

1st Floor

Size
4,000 SF
Space Use
Retail
Position
-
Available
Mar 2025

1st Floor

Size 4,000 SF
Space Use Retail
Position -
Available Mar 2025

Build-to-Suit. The property will not allow for car washes, no coffee, liquor stores, or storage units to occupy. This property can include a drive thru.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6306-19-00-0030
Land Assessment
£233,080
Improvements Assessment
£0
Total Assessment
£233,080
  • Listing ID: 33883962

  • Date on Market: 15/11/2024

  • Last Updated:

  • Address: 3681-3685 Clyde Morris Blvd, Port Orange, FL 32129

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