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2455 W International Speedway Blvd - K1 Speed Daytona Beach 52,300 SF Retail Condo Unit Offered at $7,400,000 in Daytona Beach, FL 32114
Investment Highlights
- Positioned in Volusia County, one of Florida’s top tourism markets with 4.5 million visitors in 2024
- Significant capital investment makes relocation economically impractical, reinforcing long-term occupancy
- Location adjacent to Daytona International Speedway, benefiting from motorsports, tourism and destination traffic
- Experiential concept driving repeat visitation, long dwell times, and broad demographic appeal
- National platform with continued expansion, backed by corporate guaranty from K1 Speed Inc.
Data Room Click Here to Access
- Offering Memorandum
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 6.56% |
| Sale Type | Investment |
| Cap Rate | 6.56% |
Sale Notes
K1 Speed is a leading operator in the rapidly growing location-based entertainment sector, delivering high-traffic, destination-oriented experiences across a national footprint. This investment delivers management-free cash flow through an absolute NNN lease with ~7 years remaining, expiring April 30, 2033. Contractual 3% annual rent increases grow NOI by about 30% over the term, while the cap rate rises from 6.56% to a 7.18% average, offering strong yield relative to traditional retail. The lease is backed by K1 Speed Inc., who has invested roughly $8 million into specialized improvements reinforcing their commitment to this location. Situated in Volusia County’s high-traffic tourism market and positioned along Daytona Beach’s key corridor with access to I-95 and I-4, the property benefits from strong demand, repeat visitation, and a high-barrier-to-entry experiential use that supports long-term occupancy.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 300 | 52,300 SF | Retail | $7,400,000 ($141.49/SF) | $485,172 |
Unit 300
| Unit Size |
| 52,300 SF |
| Condo Use |
| Retail |
| Price |
| $7,400,000 ($141.49/SF) |
| NOI |
| $485,172 |
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Unit 300
| Unit Size | 52,300 SF |
| Condo Use | Retail |
| Price | $7,400,000 ($141.49/SF) |
| NOI | $485,172 |
| Sale Type | Investment |
| Cap Rate | 6.56% |
| Sale Notes | |
| K1 Speed is a leading operator in the rapidly growing location-based entertainment sector, delivering high-traffic, destination-oriented experiences across a national footprint. This investment delivers management-free cash flow through an absolute NNN lease with ~7 years remaining, expiring April 30, 2033. Contractual 3% annual rent increases grow NOI by about 30% over the term, while the cap rate rises from 6.56% to a 7.18% average, offering strong yield relative to traditional retail. The lease is backed by K1 Speed Inc., who has invested roughly $8 million into specialized improvements reinforcing their commitment to this location. Situated in Volusia County’s high-traffic tourism market and positioned along Daytona Beach’s key corridor with access to I-95 and I-4, the property benefits from strong demand, repeat visitation, and a high-barrier-to-entry experiential use that supports long-term occupancy.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 194,000 SF | Floors | 1 |
| Property Type | Retail (Condo) | Typical Floor Size | 194,000 SF |
| Property Subtype | Freestanding | Year Built | 1986 |
| Building Class | B | ||
| Zoning | C - Commercial | ||
| Total Building Size | 194,000 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Freestanding |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 194,000 SF |
| Year Built | 1986 |
| Zoning | C - Commercial |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Major Tenant Information Click Here to Access
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Speedway Indoor Karting |
-
|
Jan 0000
|
Nearby Major Retailers
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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2455 W International Speedway Blvd - K1 Speed Daytona Beach
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