NNN Commercial Property on Main Artery
2373 State Road 44, New Smyrna Beach, Florida 32168
Sold: $1,000,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
1,750 sqft
Land Size
0.45 acres
Zoning
B4
Year Built
1950
Parking
11
Occupied
Yes
Renovated
2021
Construction
Masonry
Daily Traffic
38,000 VPD
Direct Frontage
200 FT
Property Description
- Currently fully leased under a NNN lease structure until April 2025
- Owner is open to sale, lease or BTS
- 0.45 acre of commercial property with level, fully usable land and on-site drainage.
- Located on SR 44 with 200 ft frontage, offering high visibility with 38,000 vehicles passing daily.
- Surrounded by national tenants, including ALDI, Home Depot, Dunkin', Chevrolet, Ford, and Verizon.
- Tenant in place until April 13, 2025, under a NNN lease structure with a Net Operating Income (NOI) of $67,800.
- Zoned B-4(C), supporting various office and retail uses in New Smyrna Beach's SR44 PUD.
- Positioned at a soft corner on Timberland Dr (115 ft frontage) for easy access.
- Located in flood Zone X, outside the 100-year floodplain, free from environmental concerns.