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5861 State Highway 100 E
Palm Coast, FL 32164
Miller's Ale House · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • New 2024 construction
  • Absolute NNN ground lease with no landlord management obligations
  • Miller's Ale House is owned by Roark Capital, an Atlanta-based private equity firm with $38 billion in assets under management
  • Corporately guaranteed, long-term 15-year lease
  • Rare 2% annual rent increases starting September 1, 2025
  • NO STATE INCOME TAX, Florida is the Highest Net Domestic Migration/Growth State in the U.S.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
7,202 SF
Building Class
B
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.53 AC
Zoning
C-2 - Commercial - 2
Parking
116 Spaces (16.11 Spaces per 1,000 SF Leased)
Frontage
214’ on State Route 100

AMENITIES

  • 24 Hour Access
  • Restaurant
  • Security System
  • Signage
  • Accent Lighting
  • Air Conditioning
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-12-31-1237-00000-00C0
Land Assessment
$591,160
Improvements Assessment
$1,773,929
Total Assessment
$2,365,089
  • Listing ID: 31392166

  • Date on Market: 4/2/2024

  • Last Updated:

  • Address: 5861 State Highway 100 E, Palm Coast, FL 32164

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