Sherwin-Williams | 3685 Clyde Morris Blvd
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Sherwin-Williams 3685 Clyde Morris Blvd
3,995 SF Retail Building Port Orange, FL 32129 £2,304,313 (£577/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
£2,304,313
Price Per SF
£577
Net Initial Yield
5%
NOI
£115,216
Tenancy
Single
Number of Floors
1
Building FAR
0.06
Lot Size
1.53 AC
Zoning
CC - Community Commercial - office retail but no liquor or warehouse or auto maintenance bays exposed to Clyde Morris
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 | - |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 6306-19-00-0030 | Improvements Assessment | £0 |
| Land Assessment | £236,773 | Total Assessment | £236,773 |
PROPERTY TAXES
Parcel Number
6306-19-00-0030
Land Assessment
£236,773
Improvements Assessment
£0
Total Assessment
£236,773
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Sherwin-Williams | 3685 Clyde Morris Blvd
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