WEST SIDE SOUTH ATLANTIC RETAIL DEVELOPMENT PAD

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1 WEST SIDE SOUTH ATLANTIC RETAIL DEVELOPMENT PAD 2226 S. ATLANTIC AVE. DAYTONA BEACH, FL Tim C. Davis, CCIM Partner/ Vice President SVN ALLIANCE COMMERCIAL REAL ESTATE ADVISORS 1275 WEST GRANADA BOULEVARD, SUITE 5B, ORMOND BEACH, FL OFFERING MEMORANDUM

2 Property Summary OFFERING SUMMARY Sale Price: $1,800,000 Lot Size: 1.86 Acres Zoning: GC-1, GC-RD Price / SF: $22.22 PROPERTY OVERVIEW This retail development site is well positioned between the Dunlawton Bridge and the soon to be completed Tom Stead Memorial bridge that will link the nearby Silver Beach Avenue to the mainland. Positioned on the west side of A1A, it is across the street from major beachside hotels and just half a mile north of the new Delta Hotel by Marriott. The site also has a desirable 217 feet of frontage on A1A and 380 feet of depth. This is a prime retail development site on beachside's busiest road. PROPERTY HIGHLIGHTS +/- 217 feet of frontage on Atlantic Ave. Total of ~1.86 AC Adjacent to from major Daytona hotels and.5 miles from the new Delta Hotels by Marriott ~2 miles from a Publix-anchored Shopping Center block) New retailers in a 5 minute drive time include, Starbucks, CVS, Waffle House, Jimmy Hula's, Landshart Bar&Grill, Cocina 214, and more. WEST SIDE SOUTH ATLANTIC RETAIL DEVELOPMENT PAD 2226 S. ATLANTIC AVE., DAYTONA BEACH, FL SVN Alliance Commercial Real Estate Advisors Page 2

3 Property Description LOCATION OVERVIEW Located in Daytona Beach Shores across from the Aku Tiki Inn on the west side of A1A. 3.3 miles from the Dunlawton Bridge which is a main artery to I-95 and 2.26 miles from International Speedway Blvd and Daytona Beach's Entertainment district The core tourist area of Daytona Beach is roughly 4 miles long, with Daytona Beach shores extending approximately 5 miles further south. The Shores is the premier oceanfront locale, with quieter nightlife and a more stable residential base of condo residents. All the features of Daytona Beach such as the Speedway, Port Orange dining & entertainment, or the new Hard Rock Hotel & Cafe are still just a short drive away. WEST SIDE SOUTH ATLANTIC RETAIL DEVELOPMENT PAD 2226 S. ATLANTIC AVE., DAYTONA BEACH, FL SVN Alliance Commercial Real Estate Advisors Page 3

4 Complete Highlights SALE HIGHLIGHTS +/- 217 feet of frontage on Atlantic Ave. Total of ~1.86 AC Adjacent to from major Daytona hotels and.5 miles from the new Delta Hotels by Marriott ~2 miles from a Publix-anchored Shopping Center block) New retailers in a 5 minute drive time include, Starbucks, CVS, Waffle House, Jimmy Hula's, Landshart Bar&Grill, Cocina 214, and more. WEST SIDE SOUTH ATLANTIC RETAIL DEVELOPMENT PAD 2226 S. ATLANTIC AVE., DAYTONA BEACH, FL SVN Alliance Commercial Real Estate Advisors Page 4

5 Additional Photos WEST SIDE SOUTH ATLANTIC RETAIL DEVELOPMENT PAD 2226 S. ATLANTIC AVE., DAYTONA BEACH, FL SVN Alliance Commercial Real Estate Advisors Page 5

6 Regional Map West Side South Atlantic Retail Development Pad WEST SIDE SOUTH ATLANTIC RETAIL DEVELOPMENT PAD 2226 S. ATLANTIC AVE., DAYTONA BEACH, FL SVN Alliance Commercial Real Estate Advisors Page 6

7 Location Maps WEST SIDE SOUTH ATLANTIC RETAIL DEVELOPMENT PAD 2226 S. ATLANTIC AVE., DAYTONA BEACH, FL SVN Alliance Commercial Real Estate Advisors Page 7

8 Advisor Bio & Contact 1 TIM C. DAVIS, CCIM Partner/ Vice President 1275 West Granada Boulevard Suite 5B Ormond Beach, FL T C tim.davis@svn.com PROFESSIONAL BACKGROUND Tim Davis comes to the commercial real estate business as a continuation of a lifetime of entrepreneurial endeavors. Founding a few small businesses in his teenage years and onward, they included automotive related manufacturing, multiple retail businesses, and internet startups. He is now practicing commercial real estate with a broad service area in Northeast & Central Florida His commercial real estate career has led to the brokerage of all property types and classes including extensive work with lenders in the troubled assets arena and REO disposition. Since 2009, he has participated in the sale of the largest land parcels on the Atlantic Ocean in Daytona Beach (including sites of the new Hard Rock Hotel and Westin Resort), and as of June 2017, has sold 16 direct oceanfront hotel/condo development sites. Davis is a graduate of the University of Central Florida, with a B.S. in Management & Finance. In addition to real estate, Tim founded two manufacturing companies producing components for the automotive aftermarket. *Since 2009, Tim has brokered commercial troubled(reo) assets for over a dozens of different lenders, from large banks such as Bank of America, Wells Fargo, Suntrust, Regions, Fifth Third, regional banks, and even single branch community banks. *General Partner and sponsor in several syndicates focused on repositioning income properties to unlock yield. * Served as Vice President and General Manager of a international equine company, importing horses from Europe, Arabians and DHH. Mr. Davis has brokered every asset type in all property classes, including land, office, warehouse, multi-family, hospitality, chattel property, Single-Tenant Net Lease Investment property, and retail development sites. These combined skill sets lead to unequalled depth and reach in the northeast central Florida market. Specialties: Industrial Sales, Retail & Hospitality Land, with a focus on Oceanfront Development Sites EDUCATION BSBA University of Central Florida, Management/Finance MEMBERSHIPS & AFFILIATIONS CCIM - Certified Commercial Investment Member ICSC - International Council of Shopping Centers WEST SIDE SOUTH ATLANTIC RETAIL DEVELOPMENT PAD 2226 S. ATLANTIC AVE., DAYTONA BEACH, FL SVN Alliance Commercial Real Estate Advisors Page 8