Haynes Shopping Center
PRICE
CAP RATE
SQUARE FOOTAGE
LEASE TERM

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Michael Orden

Senior Director

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PROPERTY ADDRESS

2200 International Speedway Blvd., Daytona, FL 32114

PROPERTY INFORMATION

Price:
$10,995,000
Cap Rate:
6.0%
Term Remaining:
Varies by Tenant Years
Year Built:
1963
Status:
Available

INVESTMENT HIGHLIGHTS

  • Multi-Tenant Retail Center
  • 604 Feet of Frontage on International Speedway
  • Long Term Appreciation Due to Significantly Below Market Rents
  • Below Market Rent is a Rare Opportunity in the State of Florida
  • Across From Main Entrance To Daytona International Speedway
  • Parking Lot Recently Recoated

INVESTMENT SUMMARY

Fortis Net Lease is proud to present Haynes Shopping Center located at 2200 International Speedway Blvd. in Daytona, FL. This multi-tenant retail center features Pep Boys, Interior Concepts, Carrabba’s Italian Grill, Speedway Custom Photo Lab, Peggy’s Whole Foods and Checkers.

The subject property is located in a major retail area and is across from the Daytona International Speedway. Daytona is home to a year-round population of 600,000, including 34,000 students and the world headquarters of NASCAR, the LPGA and Hawaiian Tropic. The surrounding area is densely populated with over 104,900 residents within five miles and has a 6.85 percent projected population growth within three miles by 2022. The median home value within one mile is over $151,000 and the average household income within three miles exceeds $45,000.