DeLand, FL


List Price: $644,240
CAP Rate: 6.25%
Lease Type: Double Net
Gross Leasable Area: 3,681 SF
Lot Size: 0.24 Acre
Year Built: 1974

  • Corporately Guaranteed
  • Double Net Lease
  • Strong Tenant with Longstanding History at this Location
  • Recently Exercised Extension
  • Two Options Remaining

The subject offering affords an incoming investor the opportunity to acquire a 3,681 square foot Sherwin-Williams Paint Store with recently extended lease. This building, situated on a 0.24 Acre lot, was built in 1974 with an effective date of 1984 and has since been a hassle free asset. With a new five-year lease ending in September of 2025, an incoming investor has the opportunity for a stable investment with a highly sought after tenant. This asset has minimal landlord responsibility and sits on a major thoroughfare with strong retail synergy.

Exterior Photograph of Sherwin-Williams in DeLand, Florida

$644K | Closed Transactions | Daytona Beach MSA | Double-Net | Florida | Opportunity Zone | STNL