DAYTONA BEACH AREA’S PRIME COMMERCIAL...

Presented by:

Buddy Budiansky, CCIM

Ron Frederick, PA

386.334.2865 386.334.8997 [email protected] [email protected]

Prudential Commercial Real Estate FL

120 S. Palmetto Ave., Daytona Beach, Fl. 32114

All information believed accurate but not warranted.

DAYTONA BEACH AREA’S PRIME COMMERCIAL LOCATION

812 W International Speedway Blvd , Daytona Beach, Fl 32114

HIGH IMPACT VISIBILITY

Located on the Area’s

Main Commercial Throughway

135’ Frontage on International Speedway Blvd.

Corner Lot Contiguous to

Bethune-Cookman University.

Property Features Monument Sign,

Showroom, Overhead Door.

Exceptional Growth in the Daytona Beach Area.

Excellent Location for Retail, Automotive,

Business Service, Restaurant with Drive-Thru.

Lease Price: $14.00 psf Annual NNN

RR O C KO C K SS O L I DO L I D I NI N CC O M M E R C I A LO M M E R C I A L RR E A LE A L EE S T A T ES T A T E

PROPERTY SPECIFICATIONS

812 W Intl Speedway Blvd

Parcel ID: 523836120090

Property Taxes: $9,502

Land Size: 18,978 Sq Ft

Bldg Size: 6,060 Sq Ft

Traffic Count: 26,500 AADT

Zoning: RDM5

Midtown Redevelopment https://www.municode.com/library/fl/daytona_beach/codes/

land_development_code?nodeId=Article%205%20-%20Use%

20Standards Visit above site for zoning info - pg 5-13

https://www.municode.com/library/fl/daytona_beach/codes/land_development_code?nodeId=Article%205%20-%20Use%20Standards




PR

UD

EN

TI

AL

C

OM

ME

RC

IA

L

RE

AL

E

ST

AT

E

FL

PR

UD

EN

TI

AL

C

OM

ME

RC

IA

L

RE

AL

E

ST

AT

E

FL


County Location Map

Terms & Conditions of Accepting This Offering Memorandum

Prudential Commercial Real Estate FL. has prepared this offering memorandum for the referenced property. Prudential Commercial Real Estate FL is a licensed real estate broker in the State of Florida and is presenting this property on behalf of the Owners. While best efforts have been made in compiling the Offering Memorandum, neither the Owners nor Prudential Commercial Real Estate FL make any representations or warranties, expressed or implied, with respect to the accuracy or completeness of the information contained in this document. All projec-tions are based upon assumptions relating to the general competition, general economy, and other fac-tors beyond the control of the owners and Prudential Commercial Real Estate FL, and therefore, is sub-ject to variations. This Offering Memorandum does not constitute an indication that there have been no changes to the property or its environment since the date of preparation of the Offering Memorandum. Prospective Purchasers should discuss the proposed land use with the governing municipal body in which the prop-erty is located. Additional information will be made available to interested and qualified prospective buyers. This Offering Memorandum and its contents, except where such information is a matter of public record or is provided by sources available to the public, are of confidential nature. By accepting this Offering memorandum, the Recipient acknowledges that they understand the confidential nature of its contents, and accordingly, represent to the owner and Prudential Commercial Real Estate FL that the Recipient will not reproduce or disclose the contents to any other entity without prior written authorization from Prudential Commercial Real Estate FL.


PR

UD

EN

TI

AL

C

OM

ME

RC

IA

L

RE

AL

E

ST

AT

E

FL

PR

UD

EN

TI

AL

C

OM

ME

RC

IA

L

RE

AL

E

ST

AT

E

FL


Aerial Parcel Map


PR

UD

EN

TI

AL

C

OM

ME

RC

IA

L

RE

AL

E

ST

AT

E

FL

PR

UD

EN

TI

AL

C

OM

ME

RC

IA

L

RE

AL

E

ST

AT

E

FL


Property Pictures


PR

UD

EN

TI

AL

C

OM

ME

RC

IA

L

RE

AL

E

ST

AT

E

FL

PR

UD

EN

TI

AL

C

OM

ME

RC

IA

L

RE

AL

E

ST

AT

E

FL


Interior Pictures


PR

UD

EN

TI

AL

C

OM

ME

RC

IA

L

RE

AL

E

ST

AT

E

FL

PR

UD

EN

TI

AL

C

OM

ME

RC

IA

L

RE

AL

E

ST

AT

E

FL


Building Sketches

F

RA

NK

LIN

ST

RE

ET

INTERNATIONAL SPEEDWAY BLVD

Approx. 132’ Frontage


PR

UD

EN

TI

AL

C

OM

ME

RC

IA

L

RE

AL

E

ST

AT

E

FL

PR

UD

EN

TI

AL

C

OM

ME

RC

IA

L

RE

AL

E

ST

AT

E

FL


Location Map


PR

UD

EN

TI

AL

C

OM

ME

RC

IA

L

RE

AL

E

ST

AT

E

FL

PR

UD

EN

TI

AL

C

OM

ME

RC

IA

L

RE

AL

E

ST

AT

E

FL


Demographic and Income Profile Prepared by Buddy Budiansky & Ron Frederick

Summary - 5 Minute Drive Time 2010 2014 2019

Population 30,396 30,624 31,432

Households 12,008 12,039 12,350

Median Age 34.2 34.5 35.3

Average Household Income $31,131 $35,801


Population 97,985 99,432 101,878

Households 44,372 45,104 46,272

Median Age 42.3 42.8 43.4



Population 172,696 175,212 179,628

Households 78,860 80,190 82,353

Median Age 45.5 46.5 47.5


Data Note: Income is expressed in current dollars

Made with Esri Business Analyst

Source: Source: U.S. Census Bureau, Census 2010 Data. Esri forecasts for 2014 and 2018.

NEW DEVELOPMENT IN

DAYTONA BEACH Facts

Daytona Growth Spurt

A Hard Rock Hotel and Cafe on the

oceanfront.

A $150 million convention hotel

with condos on State Road A1A

near the Ocean Center.

A $400 million overhaul at Daytona

International Speedway that will

add new concourses the size of

football fields.

Some 5 million square feet of new

commercial and residential devel-

opment across from the Speedway

dubbed One Daytona.

A $13 million museum packed with

the most extensive collection of

Florida art in the world.

A large swath of property across

from Halifax Health Medical Cen-

ter becoming a mixed-use develop-

ment.

New Bethune-Cookman University

$4.6 million state-of-the-art facility;

Handfield Athletic Training Center.

Popular chain restaurants sprouting

on International Speedway Boule-

vard.

Embry-Riddle Aeronautical Uni-

versity creating a 90-acre aerospace

research and technology park.

A new $30 million student housing

complex near Volusia Mall.

Two potential new marinas on the

Halifax River.

A mixed-use commercial and avia-

tion development on 300 acres

fronting Beville Road

-From the Daytona Beach News-Journal 8/2013

Information provided by Buddy Budiansky, CCIM 386-334-2865 and Ron Frederick 386-334-8997

with Prudential Commercial Real Estate FL was gathered from reliable sources but is not warranted.

ONE DAYTONA is a premier entertainment, dining and retail destination project proposed by Jacoby

Development and International Speedway Corporation.

Bass Pro Shops®, America's most popular outdoor store, and Cobb Theatres, the highly respected South-

eastern-based exhibitor, have both signed letters of intent to anchor the development.

ONE DAYTONA will be located directly across from the legendary Daytona International Speedway.

This potential landmark development encompasses 181 acres ISC already owns north of International

Speedway Boulevard in Daytona Beach, FL. Near the crossroad of I-95 and I-4, this project is in close

proximity to the World's Most Famous Beach and at the doorstep to the third-largest consumer region in

the United States with approximately 17 million people. The preliminary conceptual designs for the first

phase of ONE DAYTONA include 1.1 million square feet of world-class shopping, fine dining, hotel,

theater and other entertainment just steps from the "World Center of Racing".

WHY ONE DAYTONA? "DAYTONA" means so many

things to so many people – from

the World's Most Famous Beach,

to the birthplace of NASCAR, the

"World Center of Racing" and

"The Great American Race." It's

also a great college town with over

22,000 students and a prime loca-

tion for business. But above all,

Daytona is a very special place that

so many wonderful people call

home.

ONE DAYTONA is more than

simply an address – it is the perfect expression of what makes this place and its people so special. We

take the responsibility for delivering on that promise very seriously. We are proud to be writing this ex-

citing chapter in Daytona's history and look forward to working with all of Daytona Beach and Volusia

County to make it a reality.

Our goal with ONE DAYTONA is to create a singular and distinctive place for all of Greater Daytona

Beach to live, work and play.

1 World's Most Famous Beach + 1 World Center of Racing = ONE Daytona!

From http://onedaytona.com and area news articles.

Project Breakdown

International Speedway Corp. on

Tuesday unveiled plans for a mas-

sive retail/residential/office devel-

opment on 181 acres of property

surrounding the company's head-

quarters across from Daytona In-

ternational Speedway. Details of

the initial phase of “One Daytona”

include:

Pricetag: The initial phase will

require an investment of “hundreds

of millions” of dollars, a develop-

ment partner said.

Size: Initially, 1.1 million square

feet, and eventually One Daytona

could grow to 5 million square feet.

Who's coming: Bass Pro Shops

and Cobb Theaters have signed

letters of intent to locate in the de-

velopment, and ISC officials say

deals with more tenants are in the

works. Plans for the initial develop-

ment also include 240 loft residen-

tial units, a 120-room boutique

hotel, a full-service hotel with 240

rooms, a grocery market, and addi-

tional restaurants and other retail

stores.

Jobs: ISC officials estimate the

initial phase will create 4,200

“permanent” jobs.

Deadline for the initial phase: Early

2016, to coincide with the comple-

tion of renovations to the Speed-

way.

Hard Rock Hotel and Hard Rock Café

is coming to Daytona Beach

The oceanfront location is less than a mile

south of the Daytona Beach Pier.

Expected Completion: Early 2016

Cost: $100 million +

Specifications: 375,000-Square-Foot Development

30- to 33-Story Tower

250 Hotel Rooms (Two Rock Star Suites)

120 Condos

28,000 Sq Ft of Ballroom and Banquet Space

Spa

Hard Rock Café Restaurant with 250 Seats

Hard Rock Merchandise Store

Six Story Parking Garage

Adjoining the contemporary style tower, which will offer ocean views from all hotel rooms and condo

units, will be a lounge and lobby area. The Hard Rock Café will be just north of the tower, and include

a stage for live music and possibly a retractable wall that could open to the ocean.

About 450 parking spots will be provided,

most of which will be in a six-story park-

ing garage just north of the café. There

will also be a new beach approach just

north of the garage.

In about five to 10 years, the southern

stretch of the site would possibly become

phase two and would add more hotel and

condo units as well as a restaurant.

When both phases one and two are com-

plete, plans call for a total of about 950

hotel and condo units. Information gathered from the Daytona Beach News Journal.

Artist’s Rendering

Proposed Two Tower 610 Unit

Daytona Beach Resort Hotel and Condos

Aerospace Research and Technology Park

CURRENT/FUTURE CONSTRUCTION AT DAYTONA BEACH

Aerospace Research & Technology Park

Completion 2014

Phase I: $562,000

Phase II: $2,800,000

Athletic Services Building

Completion 2015

11,000 sq.-ft. building & 500-seat stadium

$4,000,000

Student Union

Completion 2015

220,000 sq. ft.

$58,300,000

Administration & Worldwide Headquarters

Completion 2016

108,600 sq. ft.

$32,500,000

Academic & Research Center

Completion 2016

10,000 sq. ft.

$3,500,000

On-Campus Greek Housing

In design stage

10,000 sq. ft.

$800,000

COMPLETED CONSTRUCTION AT DAYTONA BEACH, FLA., CAMPUS

College of Arts & Sciences Building

Completed 2014

140,000 sq. ft.

$38,900,000

Embry-Riddle's Aerospace Research and Technology Park, which totals 90 acres, is intended to draw companies

to the area and generate thousands of high-paying jobs when fully built out in 10 years.

Embry-Riddle received the $8.97 million grant from the state and approved by lawmakers toward development

of the park.

Park Size - 90-Acres

Development - 600,000 Sq Ft

8-10 buildings

Partnership with Diamond Aircraft Industries - Diamond is slated to start on-site operations by October 2013,

with a later expansion into the 90-acre Embry-Riddle Research and Technology Park adjacent to the Daytona

Beach Campus on Clyde Morris Boulevard.


PR

UD

EN

TI

AL

C

OM

ME

RC

IA

L

RE

AL

E

ST

AT

E

FL

PR

UD

EN

TI

AL

C

OM

ME

RC

IA

L

RE

AL

E

ST

AT

E

FL


Buddy Budiansky CCIM

Mobile: 386.334.2865

Fax: 386.252.0944

[email protected]

Ron Frederick, P.A.

Mobile: 386.334.8997

Fax: 386.252.0944

[email protected]

State of Florida Department of Revenue Carrier International Air Conditioning (United Technologies)

Century Clinical Research, Inc. Tru Green Chemlawn (A Division of Servicemaster)

Small Business Administration Florida Department of Child Services Enforcement

Eaton Hydraulic Supply Trane (A Division of Ingersoll Rand)

Florida Health Care Internal Revenue Service

Suntrust Bank Rand McNally, Inc.

Apria Health Care Blockbuster, Inc.

Check Point Rentway

Awards and Achievements

REALTOR of the Year Awards

Prudential Leading Edge Society Awards

Prudential President’s Circle Awards

Prudential Chairman’s Circle Diamond Awards

Prudential Chairman’s Circle Gold Awards

Ranked 4th in the Country Prudential Sales Team

Top 1% in Sales in the Country Prudential

Professional Organization Memberships

Daytona Beach Area Association of Realtors

Florida Association of Realtors

National Association of Realtors

Central Florida Commercial Realtors

Volusia Economic Development

Daytona Beach Chamber of Commerce

Holly Hill Chamber of Commerce

Transactions Negotiated

Buddy Budiansky is the Vice President of the Commercial Ser-

vices Division of Prudential Commercial Real Estate FL. He

joined Prudential in 1992 and has been a commercial Realtor

since 1989 and a Broker/Associate since 1993. Buddy specializes

in office properties and general commercial sales, leasing, and

development in the Greater Daytona Beach Area.

Buddy is a CCIM designee (Certified Commercial Investment

Management, awarded by the National Association of Realtors).

This designation is currently held by only 10,000 of the 150,000

commercial Realtors in the world.

In 2008 Buddy received the Transnational Referral Certification

from the International Consortium of Real Estate Associations

networking him with certified international property specialists

worldwide.

Buddy also served as President of the Kiwanis of Daytona Beach

and is a member of the Downtown Beach Street Partnership.

Awards and Memberships

Ron Frederick, Senior Commercial Real Estate Spe-

cialist, has been with Prudential Commercial Real

Estate FL since 1999. Active in real estate develop-

ment for over 25 years, Ron has a vast knowledge of

commercial real estate from the ground up.

Ron’s background takes him far beyond real estate

sales, to the hands on experience of planning, engi-

neering, architecture, construction, and beyond.

Although specializing in warehouse and flex space,

Ron has worked on all types of commercial projects

with some of the largest national tenants in the area.

Before entering the commercial real estate field, Ron

owned and operated a large manufacturing and dis-

tribution facility, employing as many as 70 people.

DAYTONA BEACH AREA’S PRIME COMMERCIAL...

Documents

Transcript of DAYTONA BEACH AREA’S PRIME COMMERCIAL...