Triple-Net Bank
For Sale
Contact for pricing
1470 W Granada Blvd, Ormond Beach, FL 32174
Truist Bank property offered with an absolute triple-net lease and scheduled annual rent increases.
Property Size5,300 SF
Lot Size1.07 Acres
Days on Market120
Property Features for 1470 W Granada Blvd
General Information
Standard status
Active
Size
5,300 SF
Lot size
1.07 Acres
Property subtype
Retail
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 22 at 5:21PM
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.
The offering is an absolute triple-net (NNN) bank property leased to Truist Bank. The site includes an approximately 5,300 rentable square foot building on an estimated 1.07-acre parcel. The lease commenced on 12/10/2007.
The initial annual rent is $224,523, with scheduled increases of 1.50% annually continuing through the 1, 3-year option and the 5-year options.
This is a for-sale investment opportunity structured as an NNN leasehold with rent escalations tied to the option periods.
The initial annual rent is $224,523, with scheduled increases of 1.50% annually continuing through the 1, 3-year option and the 5-year options.
This is a for-sale investment opportunity structured as an NNN leasehold with rent escalations tied to the option periods.
Key Highlights
- Truist Bank property at 1470 W Granada Blvd., Ormond Beach, FL 32174
- Approximately 5,300 rentable SF building on an estimated 1.07‑acre parcel
- Absolute triple‑net (NNN) lease with lease commencement on 12/10/2007
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
526
Businesses Nearby
395k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 38%
Superstores 29%
Shops & Services 13%
Home Improvements & Furnishings 12%
Walmart
Superstores
115,770 visits/mo
0.3 miles
Lowe's
Home Improvements & Furnishings
46,650 visits/mo
0.3 miles
McDonald's
Dining
29,706 visits/mo
0.5 miles
Chick-fil-A
Dining
29,069 visits/mo
0.1 miles
Publix
Groceries
21,342 visits/mo
0.2 miles
Demographics for 32174, FL
53,097
Population
26,303
Households
2
Avg Household Size
55
Median Age
33%
College-Educated
93%
High-School Grad
125.4 sq mi
ZIP Area
423
Density / Sq Mi
$67,817
Median Household Income
$41,452
Median Earnings
$1,316
Median Rent
$315,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Truist Bank property offered with an absolute triple-net lease and scheduled annual rent increases.
Where is this nnn property located?
The property is located at 1470 W Granada Blvd Ormond Beach, FL.
What are key features of this property?
This property features: Truist Bank property at 1470 W Granada Blvd., Ormond Beach, FL 32174; Approximately 5,300 rentable SF building on an estimated 1.07‑acre parcel; Absolute triple‑net (NNN) lease with lease commencement on 12/10/2007
