Description
Fully leased retail building in the heart of the Daytona Beach tourist district. Neighbors include Starbucks, Joe's Crab Shack, night clubs, other tourist related retail, and casual dining. The Ocean Center convention venue and Daytona's famous Main Street is within a short walk. Strong traffic counts and an abundance of daily foot traffic feed this retail location. This location is one of few beachside locations with an RDB-5 zoning allowing tattoo parlors. Tenant has three years remaining on the lease (through 1/31/2025). Also, at landlord's discretion, landlord has ability to terminate lease with 90-day notice to Tenant. Landlord pays property tax and property insurance. Upstairs could be modified and converted to an apartment (potential AirBNB). Listing CAP 7.1%
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School Ratings & Info
Description
Fully leased retail building in the heart of the Daytona Beach tourist district. Neighbors include Starbucks, Joe's Crab Shack, night clubs, other tourist related retail, and casual dining. The Ocean Center convention venue and Daytona's famous Main Street is within a short walk. Strong traffic counts and an abundance of daily foot traffic feed this retail location. This location is one of few beachside locations with an RDB-5 zoning allowing tattoo parlors. Tenant has three years remaining on the lease (through 1/31/2025). Also, at landlord's discretion, landlord has ability to terminate lease with 90-day notice to Tenant. Landlord pays property tax and property insurance. Upstairs could be modified and converted to an apartment (potential AirBNB). Listing CAP 7.1%
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