Investment Overview

Marcus and Millichap is pleased to present the opportunity to acquire a former Sears department store located as an end cap of the Volusia Mall. The site offers exceptional visibility and accessibility, benefiting its location on the strong corridor. The property features an existing building of 156,000 SF and sits on 13.27 acres. It is strategically located adjacent to Volusia Mall, a dominant regional shopping center. Directly across the street is the Daytona International Speedway, the host of the annual Daytona 500 attracting millions of visitors annually. Additionally, the property benefits from its close proximity to Daytona Beach International Airport and major highways (I-95 and I-4). Directly across the street lies the Daytona International Speedway, one of the most iconic motorsports venues in the world. As the home of the Daytona 500—NASCAR’s premier event—the Speedway draws hundreds of thousands of attendees annually, with millions more visiting the area throughout the year for races, events, and tours. This global attraction serves as a major economic driver for the region, generating significant tourism, hotel demand, and retail traffic. Its presence directly enhances the subject property’s exposure, positioning it to benefit from consistent influxes of visitors, particularly during major event weekends, while also reinforcing Daytona Beach’s identity as a year-round destination. The property has conceptual designs for a mixed-use redevelopment, maximizing the sites value. The proposed components include: (1) Hospitality: three hotel pads totaling 332 rooms, (2) Multi-Family: two buildings totaling 120 rooms, (3) Luxury Automotive Garages: high-end car storage facility catering to Daytona’s motorsport enthusiasts, and (4) Self-Storage: climate-controlled storage facility to meet growing local demand.