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Dutch Bros Coffee 1972 Lpga Blvd 950 SF Retail Building Daytona Beach, FL 32117 $2,843,137 ($2,992.78/SF) 5.10% Cap Rate



Investment Highlights
- PRIME LOCATION IN DEVELOPING AREA OF FLORIDA! 10% Rental Rate Increases Every 5 Years
- 5 Mile Population 130,751 | Expected 21.40% Growth.
- 1 Mile Population Growth Rate 26.45%! 85,500 VPD on I-95 | 33,000 VPD on FL 5A.
- Excellent Visibility - 39,500 VPD | Traffic Signaled Entrance.
- 5 Mile Consumer Spending is $1.4 Billion!
Executive Summary
Fortis Net Lease is pleased to present this brand new drive-thru Dutch Bros. Coffee located in Daytona Beach, Florida - part of a large development area off of LGPA Blvd! This 15 year Absolute NNN Lease provides a 10% rent increase every 5 years including at each of the 3 (5 year) options. The lease also provides a corporate guaranty. The store is currently under construction with opening & rent start on track for February 2026.
This Dutch Bros is located in a developing area on LGPA Blvd seeing 39,500 cars per day with a traffic signaled entrance. It sits in front of the new Marlowe Tomoka Village
Luxury Apartments amongst other newly developed sites such as Take 5 Oil Change, Bojangles, White Castle, and Panda Express. The 5 mile population from the site is 130,751. The 1 mile household income is $64,335. This area is seeing explosive growth with the 1 mile population growth rate at 26.45%! The 5 mile consumer spending is $1.4 Billion! PRIME LOCATION to own!!! This investment will offer a new owner continued success due to the strength and proven profitability of the tenant. List price reflects a 5.10% cap rate based on NOI of $145,000.
Instate Broker of Record: Brian Brockman | Bang Realty
This Dutch Bros is located in a developing area on LGPA Blvd seeing 39,500 cars per day with a traffic signaled entrance. It sits in front of the new Marlowe Tomoka Village
Luxury Apartments amongst other newly developed sites such as Take 5 Oil Change, Bojangles, White Castle, and Panda Express. The 5 mile population from the site is 130,751. The 1 mile household income is $64,335. This area is seeing explosive growth with the 1 mile population growth rate at 26.45%! The 5 mile consumer spending is $1.4 Billion! PRIME LOCATION to own!!! This investment will offer a new owner continued success due to the strength and proven profitability of the tenant. List price reflects a 5.10% cap rate based on NOI of $145,000.
Instate Broker of Record: Brian Brockman | Bang Realty
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
950 SF
Building Class
C
Year Built
2026
Construction Status
Under Construction
Price
$2,843,137
Price Per SF
$2,992.78
Cap Rate
5.10%
NOI
$145,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
1.16 AC
Zoning
C-1 - Commercial
Frontage
55’ on LPGA Boulevard
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Dutch Bros
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Dutch Bros | Retailer | 99,999 SF | - | Lorem Ipsum | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 5203-18-00-0031 | Improvements Assessment | $0 |
| Land Assessment | $708,638 | Total Assessment | $708,638 |
Property Taxes
Parcel Number
5203-18-00-0031
Land Assessment
$708,638
Improvements Assessment
$0
Total Assessment
$708,638
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Dutch Bros Coffee | 1972 Lpga Blvd
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