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- LoopNet Team
763 E 3rd Ave
New Smyrna Beach, FL 32169
South State Bank · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease to South State Bank (NASDAQ: SSB) with Rare Annual 2.5% Rental Escalations
- Excellent Access and Visibility within Publix-Anchored Retail Center - 28,000 AADT
- Robust Demographics in Surrounding Area - Average Household Income of $79,600 within 1 Mile of Site
- Highly Functional Footprint with 4 Drive-Thru ATM Components
- South State Bank Holds Approximately $37.67 Billion in Assets
- Approximately 15 Miles from Daytona Beach and 1 Hour’s Drive from Orlando
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Signage
- Drive Thru
ABOUT 763 E 3RD AVE , NEW SMYRNA BEACH, FL 32169
The subject property is prominently situated with excellent access and visibility along East 3rd Avenue/Highway A1A (28,000 AADT) within the Indian River Village, anchored by Publix and Bealls. The site benefits from robust demographics with a total daytime population of 40,736 within a five mile radius. Average household income within one mile of the site exceeds $79,600. Deposits at this branch exceed $25.79 million. The property is situated in a prominent retail location less than 1 mile from the city’s eponymous New Smyrna Beach in close proximity to major tenants, tourist attractions, and retail centers. Shopping centers in the surrounding area include New Smyrna Shopping Center, anchored by Dollar General; NSB Regional, featuring Publix, Beall’s, and Dollar Tree; and Ocean Village, anchored by Dollar General Market. Other retail tenants in the surrounding area include Walgreens, CVS, New Smyrna Beach Farmer’s Market, Winn-Dixie, Dollar Tree, and more. In addition, the property is located approximately 1 mile from the Flagler Avenue Boardwalk, and approximately 2 miles from the New Smyrna Beach Historic District. The property is also located approximately 1 mile from Ocean View Nursing and Rehab Center, one of the city’s largest employers with a staff of 200 and 156 residents This property is listed in conjunction with Florida-licensed real estate broker Robert Long.
PROPERTY TAXES
| Parcel Number | 7416-00-00-0314 | Improvements Assessment | $525,649 |
| Land Assessment | $723,100 | Total Assessment | $1,248,749 |
PROPERTY TAXES
