Sherwin-Williams - Net Lease Investment Opportunity
$2,490,000
3685 S. Clyde Morris Boulevard, Port Orange, FL 32129
3,995 sqft
Building Size
0.84 acres
Lot Area
Details:
Highlights:
- Sherwin-Williams - corporate-guaranteed, single-tenant net lease investment
- 10-year term + six 5-year options (up to 40 years)
- 10% rent bumps every 5 years for growing passive income
- 24,000 AADT corridor near national tenants and new residential growth
Description:
Sherwin-Williams (NYSE: SHW) built 2024.
Corporate-guaranteed, single-tenant net lease investment.
Freestanding 3,995 SF building on 0.84+/- Acres.
The 10-year initial term backed by six 5-year renewal options for up to 40 years of income potential.
10% rent bumps every five years, providing a growing, passive income stream.
The asset sits on Clyde Morris Blvd in Port Orange, a 24,000 AADT corridor through the fast-growing Daytona Beach MSA, alongside national tenants including Walmart Neighborhood Market, Cumberland Farms Gas/Conv, Mister Car Wash, Dunkin', Jimmy John's, SouthState Bank, McDonalds, Conviva Care Center, 7-Eleven, Surterra, and Surgery Center of Volusia - with new residential and multifamily development continuing to feed the trade area.
Located on the east side of Clyde Morris Boulevard between Reed Canal Road and Richel Drive.
Documents:
| Title | ||
|---|---|---|
| 25-0727 LOT 3B.pdf | ||
| 3685 Clyde Morris Blvd Flyer | ||
| rendering.html |
Location
Gallery
