NNN-Leased Retail
For Sale
Contact for pricing
1608 South Dixie Freeway, New Smyrna Beach, FL 32168
For sale NNN retail property with a 16.75-year lease term and scheduled rent bumps.
Property Size2,581 SF
Price / SF$669.51
Days on Market96
Property Features for 1608 South Dixie Freeway
General Information
Standard status
Active
Size
2,581 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Net Operating Income
$95,000
Building Details
Year Built
1982
Year Renovated
2022
Listing Agency:
Marcus & Millichap - Atlanta
Listed By:
Don McMinn · License #GA 292036
(678) 808-2762
Source:
Crexi
Added: Jun 2
Changed: Aug 26
Last Checked: Aug 31 at 9:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Atlanta
Investment Insights
Based on property information with market context.
This for-sale retail property is leased on an NNN basis with a 16.75-year term and scheduled rent bumps. The offering size is 2,581 square feet.
The property is located at 1608 South Dixie Freeway in New Smyrna Beach, Florida 32168.
As described, the lease structure includes rent increases over time, supporting a longer-dated income stream under an NNN arrangement.
The property is located at 1608 South Dixie Freeway in New Smyrna Beach, Florida 32168.
As described, the lease structure includes rent increases over time, supporting a longer-dated income stream under an NNN arrangement.
Key Highlights
- 1982‑built NNN retail property
- 16.75‑year NNN lease term
- Scheduled rent bumps noted in the lease
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
275
Businesses Nearby
74k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 49%
Shops & Services 25%
Leisure 22%
Home Improvements & Furnishings 4%
McDonald's
Dining
20,571 visits/mo
0.2 miles
AMC Classic New Smyrna 12
Leisure
16,263 visits/mo
0.2 miles
Dollar General
Shops & Services
8,457 visits/mo
0.2 miles
Wendy's
Dining
7,991 visits/mo
0.0 miles
Circle K
Shops & Services
7,165 visits/mo
0.2 miles
Demographics for 32168, FL
30,058
Population
16,439
Households
1.8
Avg Household Size
54
Median Age
31%
College-Educated
93%
High-School Grad
153.9 sq mi
ZIP Area
195
Density / Sq Mi
$72,967
Median Household Income
$41,076
Median Earnings
$1,608
Median Rent
$310,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - For sale NNN retail property with a 16.75-year lease term and scheduled rent bumps.
Where is this nnn property located?
The property is located at 1608 South Dixie Freeway New Smyrna Beach, FL.
What is the asking price?
The asking price for this property is $1,728,000.
What are key features of this property?
This property features: 1982‑built NNN retail property; 16.75‑year NNN lease term; Scheduled rent bumps noted in the lease
