Miller's Ale House
High Growth Daytona FL MSA | New Build Corporate Ground Lease | Regionally Dominant Retail Node
Marketing description
Colliers, as exclusive broker, is pleased to present the opportunity to acquire a brand-new Miller’s Ale House in
Port Orange, Florida, an affluent and rapidly growing coastal community within the Daytona Beach MSA. The
property is secured by a 15-year corporate ground lease featuring absolute NNN terms with 2% annual rent
increases throughout the initial term and each renewal option, providing investors with hands-off ownership
and durable, long-term cash flow. Miller’s Ale House is the #1 Sports Bar in America (USA Today, 2025) and
a Florida-headquartered brand with more than 115 locations nationwide, underscoring strong unit-level
performance and corporate commitment to the market.
The site is strategically positioned within the regionally dominant Port Orange retail corridor, one of the most
heavily trafficked retail nodes in the market, and benefits from prime frontage and signalized access along
Dunlawton Avenue (54,000 VPD), with immediate proximity to Interstate 95 (85,000 VPD), Florida’s primary
north–south highway. The Property is located within Altamira Village, a BJ’s Wholesale & LA Fitness-anchored
center ranking among the top 10% visited shopping centers in Florida, and is surrounded by national retailers
including Target, Walmart Supercenter, Lowe’s, and Home Depot. The trade area is further supported by strong
household incomes, sustained residential growth, and a significant daily shadow population driven by nearby
education and healthcare campuses. Collectively, these fundamentals position the offering as a secure, high quality
net lease investment backed by a leading experiential dining brand in a high-growth Florida market.
Investment highlights
- New construction 15 year corporate ground lease with 2% annual increases continuing through primary term and each option
- Absolute NNN Lease: Tenant pays taxes, insurance, maintenance, and utilities directly with no Landlord management or maintenance required
- Miller’s Ale House was voted the #1 Sports Bar in America (USA Today 2025)
- Strategic location necessary to serve Florida’s growing east cost as nearest Miller’s Ale House locations are 9 miles north in and 30 miles southwest
- Outparcel to BJ’s Wholesale & LA Fitness anchored center that ranks in the top 10% most visited shopping centers in Florida
- Regionally dominant Port Orange retail node generates 14 million annual visits and includes leading big box tenants Target, Walmart, Home Depot and Lowe’s
- Prime signalized location along Dunlawton Avenue (54,000 VPD) providing direct access to Interstate 95 (85,000 VPD) less than 1,000 feet away
- Port Orange is an affluent, high growth costal community poised for future growth with over 2,100 housing units planned within 3 miles of the Property
- Nearby healthcare and education campuses provide shadow population driving daily traffic
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