1206 Woodland Blvd, Deland, FL 32720-2253
- Turn key restaurants
- 4,670 SF
- 1.23 lot acres
Current Use by Public Records
- Denny's / Restaurant
- KFC / Restaurant
- The Burger Den / Restaurant
- The Meltdown / Restaurant / Take-out & Catering
Property Details for 1206 Woodland Blvd
- Year built
- 1993
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.23 lot acres
- Zone code
- C-2
- Property type
- Turn key restaurants
- APN
- 7004-13-00-0070
- APU
- 700413000070
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 18, 2017 | $2,300,000 | Richardson Trust | Eym Realty Of Florida LLC | Grant Deed | — |
| Oct 12, 2015 | $460,000 | Eym Realty Of Florida LLC | Cook,willa L | Warranty Deed | — |
| Oct 14, 2010 | $525,000 | Cook Willa L Living Trust | Deland China Buffet INC | Warranty Deed | — |
| Jun 20, 2005 | $525,000 | Deland China Buffet INC | Msg Of Daytona INC | Warranty Deed | $447k · Pinnacle Bank |
| — | — | Eym Realty Of Florida LLC | — | Deed Of Trust · related | $1M · Synovus Bk |
Description
This fee-simple, 4,670 square foot Denny's restaurant in DeLand, Florida, presents a compelling investment opportunity. Boasting a 6.00% cap rate and a long-term, absolute NNN lease with 12.5 years remaining until May 31, 2037, this property offers significant financial stability. The lease includes 10% rent increases every five years, ensuring consistent income growth. Located on a 1.23-acre lot with excellent visibility on N. Woodland Boulevard (23,000 vehicles per day), the property benefits from high traffic counts and proximity to other national retailers. The experienced franchisee, EYM Diner, has operated multiple Denny's locations since 2012. The property's location within a strong retail corridor, coupled with a dense and affluent population (average household income over $86,600 within one mile), further enhances its appeal. The site's proximity to Stetson University (enrollment over 3,400) provides a substantial customer base. The large lot size offers potential for future development. The property's strong financials, long-term lease, and prime location make it an attractive investment. Built in 1993 and renovated in 2017, this property offers a blend of established success and modern appeal. The Net Operating Income (NOI) is $137,280, and the asking price is $2,288,000.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Deland
- County
- Volusia
- State
- Florida
- Longitude
- -81.3046
- Latitude
- 29.0493
- CBSA code
- 19660
- CBSA name
- DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
