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301-305 E International Speedway Blvd 5,646 SF 100% Leased Retail Building Daytona Beach, FL 32118 $5,775,750 CAD ($1,022.98 CAD/SF) 4.82% Cap Rate
Investment Highlights
- Operating Car Wash and Liquor Store with 4 COP combined liquor license
- Fronts International Speedway Blvd
- Turnkey Restaurant
Executive Summary
Businesses and real estate with the vacant lot across Peninsula Dr. that can be utilized for overflow parking. NOI is for the operating Liquor Store and Carwash only. The turnkey restaurant is ready for the next operator and was meticulously built-out in 2021, there are roll up doors/windows that allow for outside dining, large bar, venue stage, 8'x14' Television, night club quality Sound System, and is to be sold complete with all FF&E. All businesses are complete with FFE.
The liquor store has a 4 COP combined liquor license that can also be used for the restaurant. The liquor license alone is worth $450,000. Inventory to be sold separately.
The 4 Bay Car Wash is the only beachside car wash along the major beach access corridor.
The exterior has 3 LED Advertising Marquis's that are easily seen from a distance. The roof was designed and plumbed to add a rooftop deck with bar and two restrooms. The tower is also designed for an interior staircase with dumbwaiter to access the deck. This property runs street to street and fronts International Speedway Blvd.
The liquor store has a 4 COP combined liquor license that can also be used for the restaurant. The liquor license alone is worth $450,000. Inventory to be sold separately.
The 4 Bay Car Wash is the only beachside car wash along the major beach access corridor.
The exterior has 3 LED Advertising Marquis's that are easily seen from a distance. The roof was designed and plumbed to add a rooftop deck with bar and two restrooms. The tower is also designed for an interior staircase with dumbwaiter to access the deck. This property runs street to street and fronts International Speedway Blvd.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,646 SF
Building Class
C
Year Built/Renovated
1968/2021
Price
$5,775,750 CAD
Price Per SF
$1,022.98 CAD
Cap Rate
4.82%
NOI
$278,595 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
0.82 AC
Zoning
PD-RD - Main Street Redevelopment Zone. Mixed use
Parking
8 Spaces (4.99 Spaces per 1,000 SF Leased)
Frontage
250’ on International Speedway Bl
Amenities
- Restaurant
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Air Conditioning
Nearby Major Retailers
Property Taxes
| Parcel Number | 5309-02-01-0113 | Improvements Assessment | $1,471,039 CAD |
| Land Assessment | $701,389 CAD | Total Assessment | $2,172,429 CAD |
Property Taxes
Parcel Number
5309-02-01-0113
Land Assessment
$701,389 CAD
Improvements Assessment
$1,471,039 CAD
Total Assessment
$2,172,429 CAD
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301-305 E International Speedway Blvd
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