INVESTMENT OVERVIEW
Marcus & Millichap has a rare opportunity to present a commercial property (1.72 Acres) located at a Traffic Light Intersection for development or investment, fronting a Commercial / Industrial main road in DELTONA, the largest city between Orlando and Jacksonville, Florida.
Forbes Magazine has ranked this area to be the 4th fastest-growing MSA in the country. Development of this key Deltona I-4 interchange has begun with the opening of a 1.4 million Square Foot (SF) Amazon Fulfillment Center, followed by the ongoing construction of I-4 Logistics Park; both fronting the same N Normandy Blvd as the subject Property (1.72 Acres) and only a few hundred feet away.
With Integra Apartments 300 units under construction, 300 new units planned, another 600 units under development, and Deltona Village across the street encompassing a plethora of new developments ranging from restaurants to self-storage and offices, those numbers will continue to explosively grow to critical mass in Deltona, FL., as predicted by Forbes Magazine to be the 4th Fastest Growing MSA in the USA.
INVESTMENT HIGHLIGHTS
The area newly features Starbucks, Raceway, McDonald's, Burger King, Dollar General, Wawa, Halifax Health / UF Health Hospital, Integra Myst Apartments (300 Apts)
Upcoming Developments: Verizon, Popeyes, Serenity (Industrial, Commercial & Apartments), Halifax Senior Living (600 Apts) & potentially a Hotel at the same intersection as the 1.72 Acre Property
Abundant traffic count: 1.72 Acre Commercially Zoned Site with frontage on N Normandy Drive with 10,600 cars/day AADT and easy access to I-4’s (exit 114). 105,000 cars/day AADT