1405-1551 S Dixie Fwy | New Smyrna Beach, FL 32168
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1405-1551 S Dixie Fwy
New Smyrna Beach, FL 32168
New Smyrna Shopping Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- National anchors – Planet Fitness, AMC and Dollar General - comprise roughly 63.18%, of the Total GLA with a 76.5% overall national tenant roster
- Advantageous average anchor lease term of nearly 7 years remaining, bolstered by long-term leases for both Planet Fitness and Dollar General
- Extremely well-positioned on the most heavily-trafficked surface road along Florida’s Atlantic Coast – US-1 – which runs from Key West to Jacksonville
- Strategically-located, fronting US-1 in the heart of New Smyrna Beach, just minutes from I-95 and the downtown area
- Potential to add value through the back-fill of an existing OP building and future development of a well-located corner outparcel pad
- Notable, recent leasing momentum, includes a new lease through 2031 with national anchor, Planet Fitness – backed by Sunshine Fitness
PROPERTY FACTS
Property Type
Retail
Building Size
101,728 SF
Building Class
B
Year Built/Renovated
1963/1995
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
10.03 AC
Zoning
B-5 - Planned Shopping Center
Parking
463 Spaces (4.41 Spaces per 1,000 SF Leased)
Frontage
961’ on Dixie Fwy
AMENITIES
- Pylon Sign
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 7449-04-01-0010 | Improvements Assessment | $5,672,480 |
| Land Assessment | $2,358,704 | Total Assessment | $8,031,184 |
PROPERTY TAXES
Parcel Number
7449-04-01-0010
Land Assessment
$2,358,704
Improvements Assessment
$5,672,480
Total Assessment
$8,031,184
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