2455 W International Speedway Blvd - Freestanding CONDO FOR SALE


Daytona Beach, FL 32114- Greater Daytona
$8,086,200 USD
619-308-6787
2455 W International Speedway Blvd, Daytona Beach, FL for Sale
$8,086,200 USD
Freestanding CONDO - FOR SALE
1/3
null | 6% Cap Rate

2455 W International Speedway Blvd
Daytona Beach, FL 32114
Greater Daytona


HIGHLIGHTS

  • Positioned in Volusia County, one of Florida’s top tourism markets with 4.5 million visitors in 2024
  • Experiential concept driving repeat visitation, long dwell times, and broad demographic appeal
  • Significant capital investment makes relocation economically impractical, reinforcing long-term occupancy
  • National platform with continued expansion, backed by corporate guaranty from K1 Speed Inc.
  • Location adjacent to Daytona International Speedway, benefiting from motorsports, tourism and destination traffic

OVERVIEW

K1 Speed is a leading operator in the rapidly growing location-based entertainment sector, delivering high-traffic, destination-oriented experiences across a national footprint. This investment delivers management-free cash flow through an absolute NNN lease with ~7 years remaining, expiring April 30, 2033. Contractual 3% annual rent increases grow NOI by about 30% over the term, while the cap rate rises from 6.0% to a 6.74% average, offering strong yield relative to traditional retail. The lease is backed by K1 Speed Inc., who has invested roughly $8 million into specialized improvements reinforcing their commitment to this location. Situated in Volusia County’s high-traffic tourism market and positioned along Daytona Beach’s key corridor with access to I-95 and I-4, the property benefits from strong demand, repeat visitation, and a high-barrier-to-entry experiential use that supports long-term occupancy.

FOR SALE DETAILS

PRICE

$8,086,200 USD

PRICE/SF

$155 USD /SF

CAP RATE

6%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

K1 Speed Daytona Beach

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

194,000 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C

APN/PARCEL ID

5222-11-00-0030

ASK ABOUT THIS PROPERTY

Bret MorrissCAST Capital PartnersMore Info
619-308-6787

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Bret MorrissCAST Capital PartnersMore Info
619-308-6787

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.