1518 S DIXIE FREEWAY New Smyrna Beach, FL 32168
Fully equipped restaurant facility with drive-thru capability and interior buildout, plus outdoor patio seating.
Property Features for 1518 S DIXIE FREEWAY
General Information
- Standard status
- Active
- Size
- 1,944 SF
- Property subtype
- Business for Sale, Retail
Building Details
- Year Built
- 1963
Listing office Salty City Realty (386) 295-9299
Listing date Jun 1, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
The site is located at 1518 S Dixie Freeway in New Smyrna Beach, FL. The listing also references approximately 28,500 AADT, supporting visibility and access for pass-by traffic. Access for showings is appointment-only, with minimum 24-hour notice required. The listing further states that you should not approach the property site or employees for business details, and that cash or proof of funds will be needed in advance of any showing.
For a buyer or operator seeking an immediately usable, turn-key setup, this offering provides the core restaurant infrastructure and included equipment as part of the transaction. Its drive-thru capability and bar/dining buildout are purpose-fit for quick service food programs that require efficient order flow while still accommodating on-site seating in the interior and outdoor patio area.
Key Highlights
- 1963‑built fully equipped restaurant/food service facility with interior bar/dining buildout
- Drive‑thru capability for restaurant/quick service use
- Sale includes the real estate, the entire facility, and affixed equipment in place
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.7k | $21.96 |
| − Vacancy | −$3.3k | −$1.71 |
| EGI | $39.4k | $20.25 |
| − OpEx | −$9.8k | −$5.06 |
| NOI | $29.5k | $15.19 |