1078 Dunlawton Ave Port Orange, FL 32127
NNN leased restaurant property in Port Orange, Florida.
Building Details
- Year built
- 1997
Source:
Svn
Listing Agent: Carl W. Lentz Iv, Mba, Ccim
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Port Orange NNN Restaurant
This 7,242 square foot stand-alone building is located on Dunlawton Avenue in Port Orange, Florida, situated on the south side of Dunlawton between Nova Road and Clyde Morris Boulevard. The property is currently leased to Dahlia Mexican Kitchen under an absolute NNN lease, which commenced on June 1, 2022, and extends through May 31, 2037. The lease includes three extension options, each for five years, and features 10% base rent increases every five years, starting in 2027. The current net operating income (NOI) is $253,470. The location is described as well-performing with a conservative rent-to-sales ratio and ample parking.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Conventional restaurants
Location Insight
- Map
- Local Demand
- City
- Port Orange
- County
- Volusia
- State
- Florida
- Longitude
- -81.0086137
- Latitude
- 29.1247019
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FAQs
What type of property is this?
Conventional restaurant - NNN leased restaurant property in Port Orange, Florida.
Where is this conventional restaurant located?
The property is located at 1078 Dunlawton Ave Port Orange, FL.
What is the asking price?
The asking price for this property is $4,224,500.
What are key features of this property?
This property features: - Absolute NNN Lease with minimal landlord responsibilities.; - Long-term lease in place through 05/31/2037, providing stable income.; - Current Net Operating Income (NOI) of $253,470.
