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2455 W International Speedway Blvd
Daytona Beach, FL 32114 Greater Daytona

$6,900,000 USD

Freestanding For Sale  •  52,300 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 52,300 SF
  • Lot Size 4.01 AC
  • Building Class B
  • Year Built 1986
  • Tenancy Single
  • Zoning C
20 Transit Score
30 Walk Score

Description

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 7.03% to a 7.70% 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.

Highlights

Positioned in Volusia County, one of Florida’s top tourism markets with 4.5 million visitors in 2024
Experiential concept driving repeat visitation, long dwell times, and broad demographic appeal
Significant capital investment makes relocation economically impractical, reinforcing long-term occupancy
National platform with continued expansion, backed by corporate guaranty from K1 Speed Inc.
Location adjacent to Daytona International Speedway, benefiting from motorsports, tourism and destination traffic
Average cap rate of 7.70% over lease term

Property Flyers

Public Transportation

AirportDriveWalkDistance
Daytona Beach International 6 min - 2.4 mi
Orlando Sanford International 54 min - 39.6 mi
Bret Morriss 619-308-6787 CAST Capital Partners
Bret Morriss 619-308-6787 CAST Capital Partners