About this property
Sherwin-Williams (NYSE: SHW) built 2024.
Corporate-guaranteed, single-tenant net lease investment.
Freestanding 3,995 SF building on 0.84+/- Acres.
The 10-year initial term backed by six 5-year renewal options for up to 40 years of income potential.
10% rent bumps every five years, providing a growing, passive income stream.
The asset sits on Clyde Morris Blvd in Port Orange, a 24,000 AADT corridor through the fast-growing Daytona Beach MSA, alongside national tenants including Walmart Neighborhood Market, Cumberland Farms Gas/Conv, Mister Car Wash, Dunkin', Jimmy John's, SouthState Bank, McDonalds, Conviva Care Center, 7-Eleven, Surterra, and Surgery Center of Volusia - with new residential and multifamily development continuing to feed the trade area.
LOCATION OVERVIEW
Located on the east side of Clyde Morris Boulevard between Reed Canal Road and Richel Drive.
Property details
- Property Type
- Improved property
- Building Type
- Freestanding
- Building Size
- 3,995 sqft
- Land Size
- 0.84 acres
- Zoning
- CC
- Year Built
- 2024
- N O I
- $143,820
- Cap Rate
- 5.75%
Documents 1 file
Last updated: Oct 1, 2026
Location
- Address
-
3685 S. Clyde Morris Boulevard
Port Orange, Florida 32129