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1390 Dunlawton Ave
Port Orange, FL 32127 Outer Port Orange

$3,545,455 USD

Restaurant For Sale  •  5,874 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 6,010 SF
  • Lot Size 2.45 AC
  • Building Class B
  • Year Built 1996
  • Cap Rate 5.50 %
  • Zoning PCD
30 Transit Score
50 Walk Score

Highlights

Absolute NNN lease – zero landlord responsibilities for a truly passive investment.
Brand new 15-year lease with 2% annual increases and five, 5-year renewal options.
Applebee's Grill + Bar, subsidiary of Dine Brands Global, Inc. (NYSE: DIN), ±1,600 locations.
Dunlawton Ave sees over ±42,500 VPD; near Walmart, Home Depot, Target, and Lowe's.
Port Orange population growth of 7.25% over the last 4 years.
One of the most desirable communities in Central Florida with strong retail corridors.
Cap Rate: 5.50 %

Public Transportation

AirportDriveWalkDistance
Daytona Beach International 14 min - 7.1 mi
Orlando Sanford International 52 min - 36.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 100
Type: Surface
Included in Rent: Yes
Owen Gerhold 866-889-0550 Matthews Real Estate Investment Services
Owen Gerhold 866-889-0550 Matthews Real Estate Investment Services