About This Restaurant
Investment Highlights
25+ Year Operating History | Corporate Signed | 3 (5-Year) Options | Established Tenant | 10% Rent Increases Daytona International Speedway & Daytona International Airport | Surrounding Colleges and Universities | Desirable Place To Live
Executive Summary
Signalized, Hard Corner Intersection | 25+ Year Operating History | Low Price Point
Property Details
- Sale Type Investment NNN
- Sale Conditions Ground Lease (Leased Fee) Ground Lease (Leased Fee) Bulk/Portfolio Sale Ground Lease (Leased Fee)
- Property Type Retail
- Property Subtype Fast Food
- Building Size 814
- Building Class B
- Year Built 1994
- Price 951,000
- Price Per SF 1,168
- Cap Rate 5.75
- NOI 54,656
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.03
- Land Acres 0.66 AC
- Opportunity Zone Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Amenities
- Pylon Sign
- Drive Thru
Property Taxes
| Parcel Number | 5339-22-00-0020 | Improvements Assessment | $187,064 |
| Land Assessment | $142,122 | Total Assessment | $329,186 |
| Date Created: | 2024-07-16 04:13:31 | Last Updated: | 2024-07-16 04:13:31 |
| Address: | 575 W International Speedway Blvd , Daytona Beach, Florida, 32114 | ||