Armond Aivazyan Of Surmount Represents Seller In $1.8M Retail Sale At 812 International Speedway Boulevard
812 International Speedway Boulevard
$1,800,000
$289/SF
Building Size
6,227 SF
Asset Type
Retail
Closing
Sep 17, 2026
About this deal
AI
The asset involved in this transaction is a retail property located at 812 International Speedway Boulevard in Daytona Beach. The property was sold for 1,800,000, encompassing a size of 6,227 square feet, which translates to a price per square foot of 289.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $1,800,000
- Address: 812 International Speedway Boulevard
- Market: Daytona Beach
- Square Feet: 6,227
- Price Per Square Foot: $289
- Seller's Representative: Armond Aivazyan - Surmount
The key individual representing the seller in this transaction is Armond Aivazyan, associated with Surmount. His involvement in this deal reflects the brokerage's role in facilitating the sale of the retail property.
Players
Daytona Beach Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93