1221 Saxon Blvd Orange City, FL 32763

This single-tenant property in Orange City, Florida, presents an investment opportunity with 15 years remaining on the primary term. The absolute triple net lease structure ensures zero landlord responsibilities, with all expenses paid directly by the tenant. The lease includes 1.50% annual rent increases, providing a hedge against inflation. The location benefits from high traffic volume, with over 40,000 cars per day along a primary retail thoroughfare. The property is situated in a dense infill area with a population exceeding 108,000 within a 5-mile radius. Located less than 1 mile from Florida Turnpike 91, vehicle counts exceed 93,000 cars per day. The area is experiencing steady population growth, with an expected increase of 10% within 1 mile over the next 4 years. Orange City is centrally located, 27 miles from Daytona Beach, 30 miles from Orlando, and 70 miles from St. Augustine. Neighboring national retailers include Home Depot, Lowes, Target, Walmart, and Publix. The property benefits from Florida being an income tax-free state.