3280 Howland Blvd, Deltona, FL, 32725
Property Details
-
Price:
$6,200,000
-
Property Type:
Retail
-
Availability:
Recently Sold
-
Transaction Type:
For Sale
-
Cap Rate:
5.63%
-
Lot Size:
1.40 AC
-
Lease Type:
NNN
-
Year Built:
2025
-
Tenancy:
Multi Tenant
-
Available SF:
6,163 SF
Property Description
Investment Highlights
- 100% Occupied Strip Center on Long-Term Leases – 10-year terms for Chipotle, Verizon and Jersey Mike’s
- Brand New 2025 Construction with ‘Chipotlane’ Drive-Thru – Minimal landlord responsibilities for roof and structure
- Corporate Guaranty from Chipotle (NYSE: CMG) – $11.3 billion revenue in 2024, an increase of 14.6% compared to 2023
- Corporate Guaranty from Cellular Sales of Knoxville – 2nd Largest Verizon authorized retailer with nearly 800 locations and over $3.2 billion revenue
- 127,434 Residents in Primary Trade Areas – Population increased 23% since 2010
- $96,247 Average Household Income within 5-Mile Radius – Strong daytime population of 99,843
Financial Summary
Investment Highlights
| Price |
$0.00 |
| Price / Unit |
$0.00 |
| Gross Rent Multiplier |
0.00 |
| Proposed Loan Amount |
$0.00 |
| Initial Investment |
$0.00 |
Income & Expenses
Expense
|
Potential
|
Current
|
Total Expenses
|
$ 0.00
|
$ 0.00
|
| Net Operating Income |
$0.00 |
$0.00 |
| Less Debt Service |
$0 |
$0 |
| Potential Net Cash Flow |
$0.00 |
$0.00 |
| Cash on Cash Return |
0.00 % |
0.00 % |
| Capitalization Rate |
0.00 % |
0.00 % |
Rent Roll
Unit
|
BR/BA
|
Current Monthly Rent
|
Potential Monthly Rent
|
Status
|
Lease Expires
|
Totals
|
$ 0.00
|
$ 0.00
|
