747 W International Speedway Blvd - Restaurant FOR SALE


Daytona Beach, FL 32114- Greater Daytona
$499,000 USD
386-589-5754
747 W International Speedway Blvd, Daytona Beach, FL for Sale
$499,000 USD
Restaurant - FOR SALE
1/17
null | 8.42% Cap Rate

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


HIGHLIGHTS

  • New five-year Triple Net (NNN) lease provides immediate, stable investment income.
  • 23,000 Average Annual Daily Traffic (AADT) provides exceptional exposure to local and tourist traffic.
  • Close proximity to Halifax Health Medical Center, downtown Daytona Beach, and numerous government and professional office users
  • Just minutes from the Halifax River, Atlantic Ocean beaches, Ocean Walk Village, and the Daytona Beach Boardwalk, benefiting from strong tourism and v
  • 3% annual rental escalations create built-in revenue growth and hedge against inflation
  • Excellent visibility with prominent building and roadside signage along W. International Speedway Boulevard (US 92)

OVERVIEW

Positioned along one of Daytona Beach's most heavily traveled commercial corridors, 747 W. International Speedway Boulevard presents an exceptional investment opportunity featuring a new five-year Triple Net (NNN) lease with 3% annual rental escalations, providing investors with stable cash flow and built-in income growth. The property benefits from high-profile pylon and building signage along International Speedway Boulevard (US 92), with traffic counts exceeding 23,000 vehicles per day (AADT). Its outstanding visibility and convenient access make it an attractive long-term location for both tenants and customers. Strategically situated just minutes from Interstate 95, the property is centrally located within the Daytona Beach market and enjoys close proximity to many of the area's most significant demand generators. The site is located less than two miles from Daytona International Speedway, home to the world-famous Daytona 500 and numerous year-round motorsports and entertainment events that attract hundreds of thousands of visitors annually. Nearby institutions including Bethune-Cookman University, Daytona State College, and Embry-Riddle Aeronautical University generate a substantial daytime population of students, faculty, and staff, while Halifax Health Medical Center and the downtown business district provide an additional employment base

FOR SALE DETAILS

PRICE

$499,000 USD

PRICE/SF

$225 USD /SF

CAP RATE

8.42%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,472 SF

ZONING

02BA

APN/PARCEL ID

5339-76-03-0010

ASK ABOUT THIS PROPERTY

Beau WarrenRealty Pros CommercialMore Info
386-589-5754

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Beau WarrenRealty Pros CommercialMore Info
386-589-5754

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