Comm-Land & Bldg Incl - New Smyrna Beach, FL
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.
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