Property profile

2254 International Speedway Blvd Daytona Beach, FL 32114

OFF-MARKET
Lifestyle centers
28,075 SF Built 2008
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Property summary

AI-generated overview

Speedway Village, a premier Daytona Beach, Florida retail investment, presents a compelling opportunity. This exceptional property, located directly across from the Daytona International Speedway at 2254 W International Speedway Blvd, 32114, boasts 28,075 square feet of net rentable space spread across three single-story buildings. Currently operating at 100% occupancy with nine tenants, including established names like Verizon Wireless, FedEx, and Vitamin Shoppe, this property offers immediate and consistent revenue generation. The property features a diverse tenant mix, reflecting a strong and stable income stream. Built in 2008, the buildings sit on an expansive 118,800 square foot lot, providing ample space and potential for future expansion. The triple-net (NNN) lease structure minimizes landlord responsibilities. All tenants are credit-rated, mitigating risk. The strategic location, near Daytona Beach International Airport and I-95, ensures high visibility and accessibility, attracting both local residents and tourists. This prime location, with exposure to eight lanes of high-traffic volume, contributes to the property's exceptional investment potential. The asking price is $20,000,000, translating to $712.38 per square foot. This represents a significant opportunity to acquire a high-performing retail center in a thriving Florida market.

Property profile

Verified
Property type Lifestyle centers
Year built 2008
Total area 28,075 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Physician
  • Physician
  • Physician
  • Physician

Location

2254 International Speedway Blvd Daytona Beach, FL 32114
Daytona Beach metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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