1001 Woodland Blvd Deland, FL 32720-2736
- Grocery and convenience stores
- 3,000 SF
- 1.38 lot acres
Current Use by Public Records
- APlus Mini Market / Grocery & Convenience Store
- Sunoco Gas Station / Gas Station
- Western Union / Bank / Credit Union
Property Details for 1001 Woodland Blvd
- Year built
- 1996
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.38 lot acres
- Property size
- 3,000 SF
- Zone code
- C-2
- Property type
- Grocery and convenience stores
- APN
- 7004-00-00-1470
- APU
- 700400001470
Description
Exceptional investment opportunity featuring a 3,000 square foot 7-Eleven convenience store located at 1001 N Woodland Blvd, DeLand, Florida 32720, Volusia County. This absolute NNN net lease property boasts a strong investment-grade tenant (S&P: AA-) with a lease commencement date of October 24, 2011, and an expiration date of October 2026. The property, built in 1996 and renovated in 2012, sits on a 1.38-acre lot and offers a compelling 4.00% cap rate with a current NOI of $166,108 (pro-forma NOI also $166,108). The asking price is $4,152,701, translating to $1,384.23 per square foot. The lease includes annual rent increases of 3% and three five-year renewal options. This property benefits from the tenant's strong credit rating and the security of a long-term lease. The property's APN is 04-17-30-00-00-1470. This is a rare opportunity to acquire a high-performing, low-maintenance investment property with a nationally recognized brand in a desirable location. The property's history is tied to the 7-Eleven, Inc. 3 Billion Dollar Acquisition of approximately 1100 Sunoco's.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Deland
- County
- Volusia
- State
- Florida
- Longitude
- -81.3034
- Latitude
- 29.0449
- CBSA code
- 19660
- CBSA name
- DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA