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NNN Bank Property
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113 E Granada Blvd, Ormond Beach, FL 32176

Bank facility subject to an absolute NNN lease with scheduled increases and multiple renewal options.

Property Size4,900 SF
Lot Size1.63 Acres
Days on Market143

Property Features for 113 E Granada Blvd

General Information

Standard status Active
Size 4,900 SF
Lot size 1.63 Acres
Property subtype Retail
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 2:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SURMOUNT

Investment Insights

Based on property information with market context.

This NNN property includes an approximately 4,900-square-foot bank facility situated on an estimated 1.63-acre parcel. The asset is occupied by Truist Bank and is structured under an absolute triple-net lease that began on December 10, 2007.

Located at 113 E Granada Blvd in Ormond Beach, Florida, the property offers a single-tenant bank configuration within an established commercial setting. The lease provides annual 1.50% increases and includes one 3-year option followed by five 5-year options.

Key Highlights

  • Approximately 4,900 rentable square feet of building space
  • Estimated 1.63‑acre parcel
  • Absolute triple‑net lease commenced on 12/10/2007

Property Analytics

Current Use

ATM (Suntrust Bank) Atm Truist - ATM Atm Truist Bank Ormond Garage Historical ... Tour Operator

Suggested Use

Top Pick Parking Lot & Garage Building Supply Auto Repair Shop Bakery (Bike/Boat/Book/etc) Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

797
Businesses Nearby
60k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 56% Groceries 38% Shops & Services 6%
Publix Groceries
23,013 visits/mo 0.0 miles
Starbucks Dining
16,804 visits/mo 0.3 miles
Outback Steakhouse Dining
10,084 visits/mo 0.1 miles
Stonewood Grill & Tavern Dining
5,958 visits/mo 0.4 miles
Truist Shops & Services
3,559 visits/mo 0.1 miles

Demographics for 32176, FL

14,410
Population
10,329
Households
1.4
Avg Household Size
59
Median Age
38%
College-Educated
95%
High-School Grad
5.7 sq mi
ZIP Area
2,528
Density / Sq Mi
$72,248
Median Household Income
$39,529
Median Earnings
$1,436
Median Rent
$368,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Bank facility subject to an absolute NNN lease with scheduled increases and multiple renewal options.
Where is this nnn property located?
The property is located at 113 E Granada Blvd Ormond Beach, FL.
What are key features of this property?
This property features: Approximately 4,900 rentable square feet of building space; Estimated 1.63‑acre parcel; Absolute triple‑net lease commenced on 12/10/2007
(332) 345-4222 Call to check price and availability
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