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580 Mason Ave 1,165 SF Retail Building Daytona Beach, FL 32117 $1,675,104 CAD ($1,437.86 CAD/SF) 8.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Heavy Daytime Traffic
- Heavy Auto corridor
- Nearby Daytona Beach Shoreline
EXECUTIVE SUMMARY
SVN Commercial Partners is exclusively offering a fee-simple, single-tenant gas station in Daytona Beach, FL, priced to deliver an attractive 8.5% cap rate on current income. This absolute NNN investment offers passive ownership with no landlord obligations, secured by a long-term 10-year lease and personal guarantee from an established regional operator.
The tenant brings over 30 years of operating experience across 22 gas station locations in Florida, providing proven performance and credit stability. With structured rent escalations throughout the base term, this asset presents reliable income growth and long-term durability.
Strategically positioned at the high-visibility intersection of Mason Avenue and Mason Park Drive, the property benefits from 21,000+ vehicles per day and a dense population of 140,000 residents within five miles. The site includes a 1,287 SF convenience store on a 0.32-acre parcel within an expanding retail corridor.
This is a stable, yield-focused investment backed by experienced tenancy, strong real estate fundamentals, and long-term income protection.
The tenant brings over 30 years of operating experience across 22 gas station locations in Florida, providing proven performance and credit stability. With structured rent escalations throughout the base term, this asset presents reliable income growth and long-term durability.
Strategically positioned at the high-visibility intersection of Mason Avenue and Mason Park Drive, the property benefits from 21,000+ vehicles per day and a dense population of 140,000 residents within five miles. The site includes a 1,287 SF convenience store on a 0.32-acre parcel within an expanding retail corridor.
This is a stable, yield-focused investment backed by experienced tenancy, strong real estate fundamentals, and long-term income protection.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Convenience Store
Building Size
1,165 SF
Building Class
C
Year Built
1959
Price
$1,675,104 CAD
Price Per SF
$1,437.86 CAD
Cap Rate
8.50%
NOI
$142,384 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.32 AC
Zoning
BA
Parking
12 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
Walk Score®
Very Walkable (72)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5337-14-00-0330 | Improvements Assessment | $220,916 CAD |
| Land Assessment | $175,886 CAD | Total Assessment | $396,801 CAD |
PROPERTY TAXES
Parcel Number
5337-14-00-0330
Land Assessment
$175,886 CAD
Improvements Assessment
$220,916 CAD
Total Assessment
$396,801 CAD
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580 Mason Ave
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