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Investment Highlights

  • New construction 15-year corporate ground lease with 2% annual increases continuing thru primary term and each option
  • Miller’s Ale House was voted the #1 Sports Bar in America (USA Today 2025)
  • Outparcel to BJ’s Wholesale & LA Fitness-anchored center that ranks in the top 10% most visited shopping centers in Florida
  • Absolute NNN Lease: Tenant pays taxes, insurance, maintenance, and utilities directly with no Landlord management required
  • Strategic location necessary to serve Florida’s growing east cost as nearest Miller’s Ale House locations are 9 miles north and 30 miles southwest
  • Dominant Port Orange retail node generates 14 million annual visits and includes leading big box tenants Target, Walmart, Home Depot, and Lowes.

Executive Summary

Colliers, as exclusive broker, is pleased to present the opportunity to acquire a brand-new Miller’s Ale House in Port Orange, Florida, an affluent and rapidly growing coastal community within the Daytona Beach MSA. The property is secured by a 15-year corporate ground lease featuring absolute NNN terms with 2% annual rent increases throughout the initial term and each renewal option, providing investors with hands-off ownership and durable, long-term cash flow. Miller’s Ale House is the #1 Sports Bar in America (USA Today, 2025) and a Florida-headquartered brand with more than 115 locations nationwide, underscoring strong unit-level performance and corporate commitment to the market.
The site is strategically positioned within the regionally dominant Port Orange retail corridor, one of the most heavily trafficked retail nodes in the market, and benefits from prime frontage and signalized access along Dunlawton Avenue (54,000 VPD), with immediate proximity to Interstate 95 (85,000 VPD), Florida’s primary north–south highway. The Property is located within Altamira Village, a BJ’s Wholesale & LA Fitness-anchored center ranking among the top 10% visited shopping centers in Florida, and is surrounded by national retailers including Target, Walmart Supercenter, Lowe’s, and Home Depot. The trade area is further supported by strong household incomes, sustained residential growth, and a significant daily shadow population driven by nearby education and healthcare campuses. Collectively, these fundamentals position the offering as a secure, high quality net lease investment backed by a leading experiential dining brand in a high-growth Florida market.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,400 SF
Building Class
B
Year Built
2023
Price
$7,027,000
Price Per SF
$1,097.97
Cap Rate
5.70%
NOI
$400,554
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
2.32 AC
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

Miller's Ale House
Bank of America
Waffle House
Texas Roadhouse
LA Fitness
Starbucks
First Watch
Chicken Salad Chick
Bob Evans Restaurants
Olive Garden

Property Taxes

Property Taxes

Parcel Number
6317-37-00-0040
Land Assessment
$1,172,775
Improvements Assessment
$1,208,628
Total Assessment
$2,381,403
  • Listing ID: 39977949

  • Date on Market: 3/31/2026

  • Last Updated:

  • Address: 907 Taylor Rd, Port Orange, FL 32127

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