54 North Charles R. Beall Blvd DeBary (Orlando MSA), FL
Building Size: 2,021 SF
Lot Size:1.08 ac
ORLANDO MSA LOCATION • DeBary is located approximately 30 minutes North of Orlando and is part of the Orlando MSA. • Orlando is the Fourth Largest City in Florida and the state’s largest inland city with a population of 287,442. • Home to Walt Disney World and Universal Studios, Orlando is one of the most-visited cities in the world with over 75 million visitors per year generating over $75 billion annually. • Orlando International Airport is the state’s busiest airport serving over 50 Million passengers per year. • The Orlando region ranked first in the nation for job growth for four consecutive years.
TAX FREE STATE • Florida is one of 7 U.S. states that has no State Income Tax.
OUTPARCEL TO GROCERY ANCHORED SHOPPING CENTER • Located only 20 miles North of Downtown Orlando on N. Charles Richard Beall Blvd. (25,000 VPD) and 3 Miles from I-4 (111,000 VPD) that connects DeBary to Orlando. • This property sits as an outparcel to a Winn Dixie-anchored shopping center and across The street from Walgreens and an AutoZone. • Additional nearby national retailers include Publix, Target, Lowe’s, Hobby Lobby, Home Depot, Big Lots and more. • Located less than a mile from numerous golf clubs and DeBary Elementary School with 790 students and faculty.
SUPERIOR STORE SALES • This location has well above average store sales and a very conservative rent to sales ratio. • The store sales have increased year over year for the past 4 years in a row.
NATIONAL TENANT WITH EXPERIENCED FRANCHISEE • Franchisee has 30 years of restaurant experience and owns multiple Dunkin’ Donuts stores throughout Florida. • Dunkin’ Donuts is the world’s leading baked goods and coffee chain, serving more than 3 million customers per day. • Dunkin’ Donuts has over 12,900 locations in 43 U.S. states and 43 countries.
ATTRACTIVE RENT INCREASES • There are 5 years remaining on an initial 10 year Lease with 10% increases in year 6 and in each of the four, 5-year option periods. • Tenant is responsible for Taxes, Insurance and CAM. • Landlord is responsible for Roof and Structure.