Investment Overview

Marcus & Millichap is pleased to present this fully leased retail center located directly across from Daytona International Speedway in Daytona Beach, Florida. Positioned along W International Speedway Boulevard, one of the market’s primary commercial corridors, the property benefits from 40,000+ vehicles per day and exceptional visibility. The Speedway serves as a year-round economic engine for the region, drawing hundreds of thousands of visitors annually for major racing events, Bike Week, and seasonal tourism, while also supporting daily traffic from surrounding employment and residential areas. The center is fully leased to a diversified mix of service-oriented and daily-needs tenants, including Eyeglass World, Jimmy John’s, FedEx, IV-Express, and Dr. Ed’s Nutrition. All tenants operate under NNN lease structures, providing predictable cash flow and limited landlord responsibilities. In-place leases feature scheduled rent increases, offering built-in NOI growth and a natural hedge against inflation. The property is offered at a 6.01% cap rate with a Year 1 NOI of $526,997, allowing investors to acquire a stabilized asset with immediate yield. The surrounding trade area provides a strong local customer base, supported by approximately 40,000 residents within 3 miles and nearly 120,000 residents within 5 miles of the property. Built in 2007 and renovated in 2018, the center offers modern construction, efficient suite layouts, and strong curb appeal attractive to national and regional tenants. The asset further benefits from proximity to I-95 and I-4, providing regional connectivity to Orlando, Jacksonville, and Central Florida employment centers, while remaining anchored in a market driven by tourism, healthcare, and continued population growth.