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Aldi 1128 Beville Rd 17,825 SF Retail Building Daytona Beach, FL 32114 $2,511,000 ($140.87/SF) 4.50% Cap Rate
Investment Highlights
- #4 TOP GLOBAL RETAILER & $155 BILLION IN REVENUE
- PROXIMITY TO DAYTONA INTERNATIONAL SPEEDWAY, DAYTONA BEACH INTERNATIONAL AIRPORT & HALIFAX HEALTH MEDICAL CENTER (767 BEDS)
- LARGE PARCEL IN WALMART-ANCHORED CORRIDOR WITH A COMBINED 73K+ VPD
- 2027 RENT INCREASE OF 10%
- LONG-TERM CORPORATE GROUND LEASE WITH 10% RENT INCREASES
Executive Summary
Ground lease opportunity - Aldi retail location with long term lease.
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Supermarket
Building Size
17,825 SF
Building Class
B
Year Built
2017
Price
$2,511,000
Price Per SF
$140.87
Cap Rate
4.50%
NOI
$113,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
2.20 AC
Zoning
02BR2 - Commercial
Frontage
263’ on Beville Road
Bike Score®
Very Bikeable (83)
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,203,014 | |
| Land Assessment | $1,968,875 | Total Assessment | $4,171,889 |
Property Taxes
Parcel Numbers
Land Assessment
$1,968,875
Improvements Assessment
$2,203,014
Total Assessment
$4,171,889
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Aldi | 1128 Beville Rd
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