812 W International Speedway Blvd - Freestanding FOR SALE


Daytona Beach, FL 32114- Greater Daytona
$2,395,000 USD
818-632-9542
812 W International Speedway Blvd, Daytona Beach, FL for Sale
$2,395,000 USD
Freestanding - FOR SALE
1/3
null | 6.75% Cap Rate

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


HIGHLIGHTS

  • NNN Lease with 5% Annual Escalations
  • Institutional-Grade Public Company Credit
  • Dominant Florida Market Position (~48% Market Share)
  • High-Traffic Arterial Frontage (29,300 VPD)

OVERVIEW

Surmount is pleased to present the exclusive listing for a Trulieve located at 812 West International Speedway Boulevard, Daytona Beach, FL 32114. The site consists of roughly 6,227 rentable square feet of building space on an estimated .72-acre parcel of land. Trulieve is subject to a 10-year Triple Net (NNN) lease, which commenced 4.26.2019. The current annual rent is $161,676 and has scheduled increases of 5% Annually.

FOR SALE DETAILS

PRICE

$2,395,000 USD

PRICE/SF

$395 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Trulieve

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

RDM-5

APN/PARCEL ID

5238-36-12-0090

ASK ABOUT THIS PROPERTY

Armond AivazyanSurmountMore Info
818-632-9542

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Armond AivazyanSurmountMore Info
818-632-9542

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