1350 Beville Rd
Daytona Beach, FL 32114
CVS - 8 Year Term - 6.15% CAP · Retail Property For Sale

Marcus & Millichap is pleased to present CVS in Daytona Beach, Florida with over 8 years remaining on a double net lease. The property was built in 2001 with a total of 10,908 square feet gross leasable area, situated on an oversized lot of approximately 1.76 acres of land in the at the signalized intersection of South Clyde Morris Boulevard and Beville Road. The site benefits from excellent visibility from both directions and the property boasts ample parking and a double drive through and features rental increases in the option periods. The one-mile radius population has experienced an 11 percent growth and there are over 126,000 residents within a five-mile radius. Adjacent to the property is The Shoppes at Beville Road, a 105,000-square foot Publix-anchored center including national tenants such as Bank of America, Pizza Hut, Taco Bell, UPS Store and more local retailers. Directly west of the property is the Daytona Beach International Airport, which serves over half a million flyers annually. Also directly west is the Daytona International Speedway, which is the home of the Daytona 500, NASCAR’s most prestigious event. The property is surrounded by numerous national tenants including Publix, Walmart Supercenter, and Sam’s Club. The property is located between several hospitals, including Halifax Medical Center which has 80 beds and the newly remodeled and renovated Memorial Medical Center, which has 400 beds.