2079 Lpga Blvd Daytona Beach, FL 32117

This exceptional investment opportunity presents a brand-new, 551 square foot 7 Brew Coffee located in Daytona Beach, Florida. The property boasts a 20-year absolute NNN lease commencing August 14, 2024, with four 5-year renewal options, ensuring long-term stability. The lease includes annual rent increases of 1%, providing inflation protection and consistent NOI growth. The property sits on a 0.95-acre lot with 13 parking spaces and benefits from a prime location near the intersection of LPGA Boulevard and N. Williamson Boulevard (56,400 vehicles per day). Its proximity to major retail centers like Tomoka Town Center (7.7 million+ annual visits) and Tanger Outlets (2.9 million+ annual visits), along with other national retailers, ensures high visibility and significant foot traffic. The strong demographics of the 5-mile trade area, encompassing over 117,300 residents and 86,700 employees, further enhance the investment's appeal. The property's current NOI is $110,000, yielding a 6.00% cap rate, and the asking price is $1,833,000 ($3,326.68 per square foot). Built in 2024, this property offers a compelling combination of strong tenant, favorable lease terms, and a prime location in a thriving retail corridor. The property is zoned for commercial use and features a ground lease. This is a truly passive investment opportunity with zero landlord responsibilities.