Stroud’s Hog Heaven – Daytona Beach, FL

Surmount is pleased to present for sale this Absolute Net-Leased Stroud’s Hog Heaven, a cherished Daytona Beach staple located at 37 N Atlantic Avenue in Daytona Beach, just steps away from the iconic Daytona Beach shoreline. This offering features a 3,238-square-foot freestanding building situated prominently on Atlantic Avenue, occupying a 0.29-acre parcel of prime land.
Stroud’s is strategically located on Atlantic Avenue in the heart of Daytona Beach, just steps from the sand and the bustling Daytona Beach Boardwalk. Positioned along this high-traffic tourist corridor, the property benefits from exceptional visibility and consistent foot traffic. Daytona Beach attracts over 10 million visitors annually, drawn by its world-famous beach, Daytona International Speedway, and year-round events like Bike Week and Biketoberfest. The surrounding area boasts a mix of vibrant local attractions, including the Daytona Beach Pier, Ocean Center, and numerous hotels, retail shops, and dining options, ensuring steady demand. Additionally, ongoing redevelopment projects, including new hotel construction, residential developments, and improvements to the beachfront district, continue to enhance the market’s appeal and long-term growth potential.
Since its founding in 1980, Stroud’s Hog Heaven has been a beloved community staple, renowned for its iconic barbecue and vibrant atmosphere. The tenant has recently reaffirmed its commitment to this premier location by executing a 10-year lease, which includes attractive annual rent increases starting in the third year. The initial lease term extends through June 30, 2033, with a one-time five-year renewal option, ensuring long-term stability and continued success at this prime location.
This is an exceptional opportunity for an investor to acquire a high-performing, income-producing asset at an incredible location with strong intrinsic value in Daytona Beach.