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2254 W International Speedway Blvd
Daytona Beach, FL 32114
Retail Property For Sale


INVESTMENT HIGHLIGHTS
- ESTABLISHED EMPLOYMENT BASE: The Daytona Beach market supports approximately 110,700 jobs
- ATTRACTIVE ENTRY BASIS WITH IMMIDIATE YIELD: Offered at a 6.01% cap rate on in-place income with a Year 1 NOI of $526,997
- PRIME VISIBILITY: Located along W International Speedway Boulevard, one of Daytona Beach’s primary commercial corridors with 40,000+ vehicles per day
- IRREPLACEABLE SPEEDWAY FRONTAGE: Positioned directly across from Daytona International Speedway, one of the most recognized motorsports destinations
- NNN LEASE STRUCTURE WITH EXPENSE REIMBURSEMENTS: All tenants operate under NNN lease structures
- MODERN CONSTRUCTION: Built in 2007 and renovated in 2018
EXECUTIVE SUMMARY
Marcus & Millichap’s TC Retail Group 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.
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.
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
16,375 SF
Building Class
C
Year Built/Renovated
2007/2018
Price
$8,774,000
Price Per SF
$535.82
Cap Rate
6.01%
NOI
$526,997
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
2.79 AC
Opportunity Zone
Yes
Zoning
BA - 1600 - Community Shopping Centers
Frontage
360’ on INTERNATIONAL SPEEDWAY BL
AMENITIES
- Freeway Visibility
- Signage
- Tenant Controlled HVAC
- Monument Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 5215-01-00-0350 | Improvements Assessment | $2,386,233 |
| Land Assessment | $2,583,900 | Total Assessment | $4,970,133 |
PROPERTY TAXES
Parcel Number
5215-01-00-0350
Land Assessment
$2,583,900
Improvements Assessment
$2,386,233
Total Assessment
$4,970,133
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