1998 State Road 44

Estimated Monthly Payment: $31,807/mo 1998 State Road 44, New Smyrna Beach, FL 32168 MLS# 1025575 Commercial Listing Status: Active
137
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38

REMARKS:

The property is an attractively re-developed Walmart with approximately 86, 400 sf. New tenants include Big Lots, Bealls Outlet, Firehouse Subs and Vision Fitness Center. The upside is that there is approximately 25, 000+ sf still available (100+/- ft. of retail frontage) remaining to be leased. Current negotiations for potential leases are being negotiated between $10.00 to $22 psf within lease spaces from 1, 500 to 22, 000sf. In addition to the excellent New Smyrna Beach, Florida location on the main corridor of SR 44 to a popular beach and resort area, one of the most significant factors of this property is that the #1 Grocer in Florida, PUBLIX, is the anchor tenant of the adjoining property which they recently purchased (118, 000+/). Please review the aerial for clarity.

OVERVIEW:

Commercial
1987

FINANCIAL:

$6,975,000

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of SVN Alliance Commercial RE Advisors

 

Information is deemed reliable but not guaranteed. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all information.

 

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