K2 Medical - Daytona Beach, FL

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple interest in a free-standing single-tenant K2 Medical Research located at 2595 W International Speedway Boulevard in Daytona Beach, Florida (“Property” or “Asset”). Built in 2000 and renovated in 2024, the Property consists of an 8,110 SF medical facility on 1.61 acres. The Asset is fully leased to K2 Medical Research with 11.6 years of primary lease term remaining, zero landlord responsibilities, and 3.0% annual rent escalations during the primary term.

The tenant, K2 Medical Research LLC, is a central Florida-based clinical research company that recently received a strategic growth investment from TPG, positioning it for continued expansion in the healthcare sector.

The Property is strategically located along the West International Speedway Blvd exit off Interstate-95 and benefits from exposure to over 31,000 vehicles per day. The Property is less than five minutes from the iconic Daytona International Speedway, an iconic racetrack that is home to the legendary Daytona 500 race, and Daytona International Airport, which generates over $3.2B annually and supports over 13,500 jobs. Situated in an affluent commercial corridor, the surrounding community features an average household income of over $91,000 within a 1-mile radius and exceptional demographic trends, including 46.6% population growth within a 3-mile radius. The Property is also less than 5 miles from Halifax Hospital System and Daytona Beach VA Clinic, two major health systems in the region that will further enhance K2 Medical Research’s strategic healthcare positioning. The Daytona Beach market is also thriving due to the significant economic momentum brought about by the recent Boeing and Aura Aero aerospace developments, which will create over 1,400 new high-paying jobs.

This rare opportunity allows investors the ability to acquire 11.6 years of secure, passive cash flow with zero landlord responsibilities from a PE-backed clinical research tenant in a rapidly growing Florida submarket with strong healthcare and economic foundations.