3685 S Clyde Morris Boulevard, Port Orange, FL 32129

Property Description

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. Sherwin-Williams - corporate-guaranteed, single-tenant NNN investment 10-year term + six 5-year options (up to 40 years) 10% rent bumps every 5 years for growing passive income 24,000 AADT corridor near national tenants and new residential growth