Price: $8,289,764
Cap Rate: 6.35%
Net Operating Income: $526,400
Square Footage: 52,665
Lot Size: 6.11± AC

This is an absolute NNN leased American Signature Furniture store located in Daytona Beach, Florida. The lease calls for zero landlord obligations and is guaranteed by Schottenstein Stores. American Signature Furniture has operated at this location since 2004 and has a proven history of success at this location. The offering is in a solid position within a Best Buy and PetSmart, anchored center. The site also benefits from strong traffic counts that exceed 45,000 VPD alone W International’s Speedway Blvd (US-92).

Daytona Beach or simply Daytona is a city in Volusia County, Florida, United States. It lies approximately 51 miles (82.1 km) northeast of Orlando, 86 miles (138.4 km) southeast of Jacksonville, and 265 miles (426.5 km) northwest of Miami. As of the 2020 census, it had a population of 72,647. It is a principal city of the Deltona–Daytona Beach–Ormond Beach metropolitan area, which was home to 600,756 people as of 2013. Daytona Beach is also a principal city of the Fun Coast region of Florida.