Tesla Sales, Service & Delivery

Daytona Beach
FL
Florida

Call for Details

$

24,203,000

Call for Details
5.50
%
CAP Rate

300,000 Residents within 15 Miles

1.25% Annual Growth Rate

Just Off I-95

in Regional Commercial Hub

No State Income Tax in Florida

Property details
  1. New 15-Year Corporate Net Lease to Tesla, Inc. (NASDAQ: TSLA)
    • Attractive 3% Annual Rent Increases Throughout Primary Term & Options
  2. Investment Grade Tenant, Rated Baa3 by Moody’s & Rated BBB by S&P
  3. Mission-Critical Sales, Service & Delivery Hub Serving Central & Northeast Florida
  4. Brand New Construction on Large ~5-Acre Lot with Ample Customer & Inventory Parking
  5. Positioned within Daytona’s Fastest-Growing Commercial Corridor
    • Just Off Interstate 95 at LPGA Boulevard (108,000 Combined ADT)
  6. Minutes from Regional Destinations & Major Employers
    • Daytona International Speedway, Daytona Beach International Airport, One Daytona, & Volusia Mall
    • Daytona State College Advanced Technology College, Twin Lakes Medical Center, AdventHealth Hospital, B. Braun Medical Technology Facility, & More
  7. Situated at a Signalized Hard Corner within a Regional Commercial Hub
    • Adjacent to Tomoka Town Center, with Sam’s Club, Academy Sports, Dave & Buster’s, T.J. Maxx, Ross, and Hobby Lobby, as Well as 350k SF Tanger Outlets
    • Near Daytona Auto Mall, Florida’s Largest Selection of New & Pre-Owned Vehicles with 18 Brands
    • National Retailers including Buc-ee’s, Floor & Decor, RaceTrac, Dunkin’, CVS, Taco Bell, & More
  8. Significant Commercial & Residential Growth Surrounding Site
    • Adjacent to 180-Acre Mixed-Use Development with The Cays Shopping Center, Williamson Crossings, & Numerous Multi-Family Developments
    • Latitude Margaritaville, Tymber Creek Village, & Numerous Multi-Family Developments
  9. Florida is Tesla’s New Hottest Market and Ranks 2nd in Tesla Purchases Nationwide
  10. Qualifies for 100% Bonus Depreciation via Cost Segregation

In Association with ParaSell, Inc. | A Licensed Florida Broker #CQ1059597

Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387
Scott Reid
ParaSell, Inc.
FL RE Lic #BK3457599
Property Specs
Tenancy
Single Tenant
Multi Tenant
Building Size
35,373
SF
Lot Size
5.14
AC
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387
Scott Reid
ParaSell, Inc.
FL RE Lic #BK3457599