Ormond Beach, FL - Shoppes on Granada

Description:

• Opportunity to acquire Shoppes on Granada, a three-building multi-tenant net lease investment opportunity
• Strong tenant lineup that features Chipotle, The Bronx Brothers, Mattress Firm, Petco, AT&T, Aspen Dental, and Panera Bread
• Mattress Firm ranks in the 73rd percentile (509 out of 1,933) of all nationwide locations (Placer.ai)
• The tenants have proven successful at this location with long operating histories
• Chipotle and Petco recently signed lease extensions, furthering commitment to
the site

• The asset is located off the signalized, hard corner intersection of W Granada Blvd and Seminole Dr
• Ideally positioned on a large 17.78-AC parcel
• Just East off I-95 985,500 VPD), allowing users to benefit from on/off ramp access to the site and surrounding trade areas
• The asset has excellent visibility and multiple points of ingress/egress
• Just North of Ormond Towne Square, which ranks in the 88th percentile of all nationwide shopping centers (Placer.ai)
• The adjacent Lowe’s ranks in the 94th percentile (90 out of 1,736) of all nationwide locations (Placer.ai)
• More than 104,000 residents and 50,000 employees support the trade area
• $97,584 average household income within 1-mile radius
• 9 miles from Daytona Beach
• Ormond Beach benefits from annual population growth with a 4.48% increase since the most recent census

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Listing ID: a28TP000001nl0PYAQ