DAYTONA BEACH FL Dutch Bros Coffee | NOW OPEN!
EXPLOSIVE GROWTH AREA | 5 MILE POP. 130K
Marketing description
Fortis Net Lease is pleased to present this brand new drive-thru Dutch Bros. Coffee located in Daytona Beach, Florida - part of a large development area off of LGPA Blvd! This 15 year Absolute NNN Lease provides a 10% rent increase every 5 years including at each of the 3 (5 year) options. The lease also provides a corporate guaranty. The store has completed construction with and successfully opened for business on March 30, 2026.
This Dutch Bros is located in a developing area on LGPA Blvd seeing 39,500 cars per day with a traffic signaled entrance. It sits in front of the new Marlowe Tomoka Village Luxury Apartments amongst other newly developed sites such as Take 5 Oil Change, Bojangles, White Castle, and Panda Express. The 5 mile population from the site is 130,751. The 1 mile household income is $64,335. This area is seeing explosive growth with the 1 mile population growth rate at 26.45%! The 5 mile consumer spending is $1.4 Billion! PRIME LOCATION to own!!! This investment will offer a new owner continued success due to the strength and proven profitability of the tenant. List price reflects a 5.35% cap rate based on NOI of $145,000.
Investment highlights
- 15 Yr Abs NNN Lease | No Landlord Responsibility | Strong Corporate Guaranty
- PRIME LOCATION IN DEVELOPING AREA OF FLORIDA - JUST OPENED!
- Excellent Visibility - 39,500 VPD | Traffic Signaled Entrance
- 10% Rental Rate Increases Every 5 Years
- Three (5 Year) Options to Renew with 10% Increase at Each
- 5 Mile Population 130,751 | Expected 21.40% Growth
- 1 Mile Average Household Income $64,335
- 5 Mile Consumer Spending is $1.4 Billion!
- 1 Mile Population Growth Rate 26.45%!
- 85,500 VPD on I-95 | 33,000 VPD on FL 5A
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