Shopping Strip
Coastal Daytona Beach Retail Strip Center | Value-Add Opportunity
204 Seabreeze Blvd, Daytona Beach, FL 32118
Listing Price: $985,000
Cap Rate
7.54%
Gross SF
5,121
Rentable SF
5,121
Price/Gross SF
$192.35
Lot Size
0.22 acres
Year Built
1925
Investment Overview
Marcus & Millichap is pleased to bring to market a Coastal Daytona Beach Retail Strip Center.
Coastal Daytona Beach Retail Strip Center | Value-Add Opportunity
Investment Highlights
- Value-add opportunity in converting month-to-month leases to NNN and raising rents | 100% occupied with service-based retail tenants
- Valuable on-site parking included on densely populated retail and entertainment corridor
- Excellent Retail Location just off of Mason Avenue Bridge and less than half a mile from Daytona Beach | 1 Mile from Mainland Daytona Beach Downtown Area
- World Famous Beach Location | Minutes from world famous Daytona beach and pier with over 10 million visitors annually
- Proximity to Area Drivers | Local area drivers include Main Street Pier, Hilton Daytona Beach, Hard Rock Hotel, Club Wyndham and Daytona Beach Ocean Center
- Dense Market Demographics: Population Exceeds 107,000 Within 5-Miles and is Projected to Increase by 2027 | Daytime Population Exceeds 155,000
- 5 Miles From Daytona Beach International Airport and Daytona International Speedway, Generating $1.9 Billion annually for the area economy
- Strong Demand Drivers | Located less than a mile from Ocean Center and access to over 12,000 hotel rooms within the market
Exclusively Listed By
Financing By
Shopping Strip
Coastal Daytona Beach Retail Strip Center | Value-Add Opportunity
Listing Price: $985,000
Cap Rate
7.54%
Gross SF
5,121
Rentable SF
5,121
Price/Gross SF
$192.35
Lot Size
0.22 acres
Year Built
1925
Investment Highlights
- Value-add opportunity in converting month-to-month leases to NNN and raising rents | 100% occupied with service-based retail tenants
- Valuable on-site parking included on densely populated retail and entertainment corridor
- Excellent Retail Location just off of Mason Avenue Bridge and less than half a mile from Daytona Beach | 1 Mile from Mainland Daytona Beach Downtown Area
- World Famous Beach Location | Minutes from world famous Daytona beach and pier with over 10 million visitors annually
- Proximity to Area Drivers | Local area drivers include Main Street Pier, Hilton Daytona Beach, Hard Rock Hotel, Club Wyndham and Daytona Beach Ocean Center
- Dense Market Demographics: Population Exceeds 107,000 Within 5-Miles and is Projected to Increase by 2027 | Daytime Population Exceeds 155,000
- 5 Miles From Daytona Beach International Airport and Daytona International Speedway, Generating $1.9 Billion annually for the area economy
- Strong Demand Drivers | Located less than a mile from Ocean Center and access to over 12,000 hotel rooms within the market
Investment Overview
Marcus & Millichap is pleased to bring to market a Coastal Daytona Beach Retail Strip Center.
Exclusively Listed By
Financing By
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