NNN Property With Roadside
New
For Sale
$499,000
747 W International Speedway Blvd # 745 Daytona, Daytona Beach, FL 32114
A leased commercial property with prominent building and pylon signage along US 92.
Property Size2,706 SF
Days on Market3
Property Features for 747 W International Speedway Blvd # 745 Daytona
General Information
Standard status
Active
Size
2,706 SF
Class
C
Property subtype
Street Retail
Site & Location
Pylon Signage
Yes
Traffic Count
23,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
2,706 SF
Year Built
1961
Listing Agency:
Realty Pros Commercial
(386) 589-5754
Listed By:
Beau Warren · License #SL3207370
(386) 589-5754
Source:
Thebrokerlist
Added: Aug 8
Changed: Aug 9
Last Checked: Aug 9 at 10:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Pros Commercial
Investment Insights
Based on property information with market context.
Located at 747 W. International Speedway Boulevard in Daytona Beach, this commercial property is occupied under a new five-year Triple Net lease with 3% annual rental escalations. Building and pylon signage provide an identifiable presence along the corridor, while the property’s 1961 construction adds established physical character.
The site fronts US 92, which records 23,000 Average Annual Daily Traffic, and is less than two miles from Daytona International Speedway. Interstate 95 and Interstate 4 are minutes away. The surrounding commercial area includes retail, restaurants, automotive businesses, professional offices, medical providers, hotels, and national retailers. Bethune-Cookman University, Daytona State College, Embry-Riddle Aeronautical University, Halifax Health Medical Center, downtown Daytona Beach, the Halifax River, Atlantic Ocean beaches, and the Daytona Beach Boardwalk are also nearby.
The site fronts US 92, which records 23,000 Average Annual Daily Traffic, and is less than two miles from Daytona International Speedway. Interstate 95 and Interstate 4 are minutes away. The surrounding commercial area includes retail, restaurants, automotive businesses, professional offices, medical providers, hotels, and national retailers. Bethune-Cookman University, Daytona State College, Embry-Riddle Aeronautical University, Halifax Health Medical Center, downtown Daytona Beach, the Halifax River, Atlantic Ocean beaches, and the Daytona Beach Boardwalk are also nearby.
Key Highlights
- New five‑year Triple Net (NNN) lease
- 3% annual rental escalations
- 23,000 Average Annual Daily Traffic (AADT) along US 92
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,486
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.11%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$509,720
$509.7K
Cap Rate 7%
$364,086
$364.1K
Cap Rate 9%
$283,178
$283.2K
Market Conditions
NOI Build-Up for 2,706 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$40.6K $15.00/SF
− Vacancy
−$4.2K −$1.55/SF
EGI
$36.4K $13.46/SF
− OpEx
−$10.9K −$4.04/SF
NOI
$25.5K $9.42/SF
Area
Volusia County, FL
Vacancy
10.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$509,720
Cap Rate 7%
$364,086
Cap Rate 9%
$283,178
Alternative Uses
Best Use
Retail
$364.1K
$318.6K – $424.8K
NOI $25,486 @ 7.0% cap · market cap 5.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$797.9K
$698.2K – $930.9K
NOI $55,852 @ 7.0% cap · market cap 11.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
23,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,051
Businesses Nearby
214k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 72%
Home Improvements & Furnishings 11%
Hotels & Casinos 7%
Shops & Services 6%
McDonald's
Dining
38,122 visits/mo
0.4 miles
Old Time Pottery
Home Improvements & Furnishings
22,766 visits/mo
0.5 miles
Wendy's
Dining
18,155 visits/mo
0.3 miles
Hibachi Grill & Supreme Buffet
Dining
17,910 visits/mo
0.4 miles
Outback Steakhouse
Dining
17,590 visits/mo
0.4 miles
Demographics for 32114, FL
34,943
Population
17,118
Households
2
Avg Household Size
33
Median Age
19%
College-Educated
89%
High-School Grad
16.0 sq mi
ZIP Area
2,184
Density / Sq Mi
$39,906
Median Household Income
$31,220
Median Earnings
$1,171
Median Rent
$174,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - A leased commercial property with prominent building and pylon signage along US 92.
Where is this nnn property located?
The property is located at 747 W International Speedway Blvd # 745 Daytona Daytona Beach, FL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: New five‑year Triple Net (NNN) lease; 3% annual rental escalations; 23,000 Average Annual Daily Traffic (AADT) along US 92
