DeLand Site Sells to Dairy Queen
DELAND, FL. The northeast corner of International Speedway Blvd., and Garfield Ave., located at 511 E. International Speedway Blvd. in DeLand, Florida
was sold on September 30, 2015.
The buyer, Pramukhyagna, Inc., paid $367,500 for the property, and will be constructing a new Dairy Queen Grill and Chill restaurant on the site.
The sellers, Atlantic Capital Management, LLC and Santino Properties, purchased the 0.69 acre commercial site in 2012 as an investment. The buyer was represented by Mike Schutz, and the sellers were represented by Ted Lightman of Charles Wayne Properties, Inc.
The site is located in DeLand’s “Gateway District”, at the same intersection as Lowe’s Hardware, Dunkin’ Donuts, and AutoZone. This extremely active intersection is strategically positioned along the primary east-west thoroughfare connecting DeLand with Daytona Beach.
Charles Wayne Properties, Inc. is one of Central Florida’s largest commercial brokerage, management and development firms with approximately 1,800,000 sq. ft. of property, which it owns, manages and/or leases.
FOR FURTHER INFORMATION, CONTACT TED LIGHTMAN AT CHARLES WAYNE PROPERTIES, INC.
PHONE: 386-506-0028, EMAIL: [email protected]