Subway - Deland, FL

Marcus and Millichap is pleased to present a 2,212 sq. ft. Subway located at 1204 N Woodland Blvd in DeLand, FL. This property was built in 2017, allowing an investor to own an absolute net-leased property. The tenant recently signed a five-year lease with 2.5 percent rental escalations annually. There are no landlord responsibilities whatsoever on the property. The Subway is one of the top-producing Subways in the state. They have 11,700 visits monthly, and Woodland Blvd sees over 22,000 VPD. The property has a total of 1.77 acres and is a possibility for development on Mandarin Ave. One of the best places to live in Florida, DeLand offers residents a dense suburban feel with most homes owned. Many young professionals and retirees live in DeLand for the enjoyment of many parks, and residents tend to have moderate political views. DeLand is a city in and the county of Volusia County, Florida. The city is approximately 34 miles north of the central business district of Orlando and about 23 miles west of the central business district of Daytona Beach. It is part of the Deltona–Daytona Beach– Ormond Beach metropolitan area. According to the 2020 U.S. Census, the population was 37,351.