Corbin Pacific

 Ormond Beach (Daytona), Florida

Asking Price


Cap Rate


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#1 Manufacturer

Motorcycle Seats


Yearly Biker Events

600K+ Bikers


Close Proximity

Daytona Speedway


High Traffic Count

Famous US Hwy 1

Absolute NNN Lease


Absolute NNN


Rental Increases

2% Annually


  • Absolute NNN Lease with Zero Landlord Responsibilities
    The Tenant is operating under an Absolute NNN lease with zero landlord responsibilities and offering truly passive cash flow to investors. 
  • Attractive Annual Rental Increases
    The Lease includes 2.0% annual rental increases offering a boost to yield and strong hedge against inflation.
  • High-Traffic Location Along Famous US Route 1
    The Property enjoys 100% frontage along U.S. Route 1 (29K+ VPD), which provides superior visibility and access to the broader region, including Daytona Beach and Jacksonville. Route 1 is the longest north/south road in the U.S. and spans from Key West to Maine.
  • Near Several Prominent Tourist Destinations
    The Property sits in close proximity to several tourist draws, including Daytona Bike Week (500K annual visitors), Daytona Biketoberfest (100K Annual Visitors), Tomoka State Park (370K+ Annual Visitors), Destination Daytona which includes World Famous Teddy Morse’s Daytona Harley Davidson (109K SF Showroom), Andy Romano Beach, and many more.
  • Close Proximity to Daytona International Speedway
    The Property sits just 13 miles north of Daytona International Speedway, which is home to the Daytona 500. The racetrack is one of the largest outdoor sports venues in the U.S. with a capacity of 101,500 and has a $1.9B annual economic impact on the region.
  • Leased to #1 Motorcycle Custom Seat Manufacturer
    Corbin Pacific was founded in 1968 and is recognized as the top saddle manufacturer in the aftermarket motorcycle industry. Given the local biker events and dealerships, the Tenant is well-positioned in the local market.
  • Multi-Unit Leasing Flexibility
    Condo is divided into 8 separate units which are all currently leased to the Tenant. These separate units provide the owner flexibility to lease the property to multiple tenants in the future.

Exclusively Listed By

Michael Zimmerman

Vice President      +1 954.290.6366
FL Lic. #BK3088542

Daniel Herrold

Senior Vice President      +1 918.814.1966

Mitch Bensch

Investment Sales Analyst   


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