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JLL Capital Markets, as exclusive broker, is pleased to offer the exceptional opportunity to acquire Volusia Square, a 204,185 square foot center located on the dominant retail corridor in Daytona Beach, Florida.
Dominant Daytona Beach MSA
Over 680,000 residents expected to grow by 6.7% in the next 5 years, the Daytona Beach MSA is a highly diverse metro area featuring a rapidly expanding economy.
Thriving and Diverse Economy Expanding Beyond Tourism
Already crowned “The World’s Most Famous Beach,” Daytona Beach has a thriving economy growing beyond tourism, leisure, and hospitality into medical, academic, aviation, logistics, professional services, and beyond.
Explosive Residential Growth
Massive residential growth unparalleled in the area across three major master-planned communities, featuring over 15,000 homes across the combined developments, in addition to LPGA International, one of the area’s most prestigious golf courses.
World-Renowned Nearby Demand Drivers
Adjacent to the Property are the internationally recognized Daytona International Speedway (capacity for 101,500) and Daytona International Airport (679,000 annual passengers) in addition to other drivers that draw substantial traffic from outside the metro area.
Emerging Industrial Hub and Maturing Retail Market
Daytona Beach features a variety of demand drivers including an emerging industrial hub and dynamic new mixed-use, entertainment retail centers that cater to both tourists and residents alike.
Diverse Employment Base Bolstered by Academic Institutions
Daytona Beach features a diverse employment base with three strong academic institutions attracting 27,000 students annually to support the higher-paying jobs that are being created in the expanding metro area.