Restaurant
Subway DeLand
1204 N Woodland Blvd, DeLand, FL 32720
Listing Price: $1,200,000
Investment Overview
Marcus and Millichap is pleased to present a 2,212 sq ft Subway located at 1204 N
Woodland Blvd in DeLand, FL. This property was built in 2017 and allows an investor easy
ownership of an absolute net-leased property. The tenant recently signed a five-year lease
with 2.5 percent rental escalations annually. There is no landlord responsibilities
whatsoever on the property.
The Subway is one of the top producing Subways in the state. They have 11,700 visits
monthly and Woodland Blvd sees over 22,000 VPD. The property has a total of 1.77 acres
and possibility for development on Mandarin Ave.
One of the best places to live in Florida, DeLand offers residents a dense suburban feel
with most homes owned. Many young professionals and retirees live in DeLand for
enjoyment of many parks and residents tend to have moderate political views. DeLand is a
city in and the county of Volusia County, Florida. The city is situated approximately 34
miles north of the central business district of Orlando and about 23 miles west of the
central business district of Daytona Beach. It is part of the Deltona–Daytona Beach–
Ormond Beach metropolitan area. According to the 2020 U.S. Census, the population was
37,351.
Subway DeLand
Investment Highlights
- Absolute NNN Lease.
- Property has 11,700 visits per month and traffic on Woodland Blvd is 22,000 +/- VPD.
- This Subway is the top Subway out of 6 in the area and the top 10 in the state of Florida. (Placer AI)
- Just signed a 5-Year Lease with 2.5% rental increases annually.
- 2,212 Sq. ft. building that sits on 1.23 Acres. There is also an additional lot of 0.54 acres that is included in the sale. Opportunity for more development on the extra land.
- Easy access with 2 ingress/egress points.
- Drive-thru window.
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $1,200,000
Investment Highlights
- Absolute NNN Lease.
- Property has 11,700 visits per month and traffic on Woodland Blvd is 22,000 +/- VPD.
- This Subway is the top Subway out of 6 in the area and the top 10 in the state of Florida. (Placer AI)
- Just signed a 5-Year Lease with 2.5% rental increases annually.
- 2,212 Sq. ft. building that sits on 1.23 Acres. There is also an additional lot of 0.54 acres that is included in the sale. Opportunity for more development on the extra land.
- Easy access with 2 ingress/egress points.
- Drive-thru window.
Investment Overview
Marcus and Millichap is pleased to present a 2,212 sq ft Subway located at 1204 N Woodland Blvd in DeLand, FL. This property was built in 2017 and allows an investor easy ownership of an absolute net-leased property. The tenant recently signed a five-year lease with 2.5 percent rental escalations annually. There is no landlord responsibilities whatsoever on the property. The Subway is one of the top producing Subways in the state. They have 11,700 visits monthly and Woodland Blvd sees over 22,000 VPD. The property has a total of 1.77 acres and possibility for development on Mandarin Ave. One of the best places to live in Florida, DeLand offers residents a dense suburban feel with most homes owned. Many young professionals and retirees live in DeLand for enjoyment of many parks and residents tend to have moderate political views. DeLand is a city in and the county of Volusia County, Florida. The city is situated approximately 34 miles north of the central business district of Orlando and about 23 miles west of the central business district of Daytona Beach. It is part of the Deltona–Daytona Beach– Ormond Beach metropolitan area. According to the 2020 U.S. Census, the population was 37,351.
Exclusively Listed By
Broker of Record
Financing By
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