MUV Cannabis Dispensary For
For Sale
Contact for pricing
763 E 3rd Ave, New Smyrna Beach, FL 32169
Freestanding MUV cannabis dispensary in New Smyrna Beach, Florida.
Property Size3,005 SF
Price / SF$886.86
Days on Market170
Property Features for 763 E 3rd Ave
General Information
Standard status
Active
Size
3,005 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$186,483
Building Details
Year Built
1983
Year Renovated
2025
Buildings
1
Units
1
Tenancy
Single
Listing Agency:
STNL
Listed By:
Mark Thompson · License #BK3217284
Source:
Crexi
Added: Feb 24
Changed: Aug 8
Last Checked: Aug 8 at 6:39AM
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 STNL
Investment Insights
Based on property information with market context.
This property features a freestanding MUV cannabis dispensary in New Smyrna Beach, Florida. The property is strategically located in a high-tourism coastal market that experiences strong demand from local residents and year-round visitors. The dispensary benefits from its location within a popular coastal destination known for accessible Atlantic beaches, a relaxed surf culture, and a vibrant waterfront atmosphere. The property is located within the Publix at Indian River Village shopping center, which generates consistent customer traffic for surrounding businesses. The location benefits from limited competition, with no other dispensaries within a five-mile radius. The property has a newly renovated roof and a long-term lease with over 13 years of remaining term and 3% annual rent increases. The lease structure is absolute net with zero landlord responsibilities, providing stable and predictable income. The property size is 3,005 square feet.
Key Highlights
- Long‑term lease with over 13 years remaining and 3% annual rent increases, providing stable income.
- Located in a high‑tourism coastal market (New Smyrna Beach) with strong demand.
- Absolute net lease structure with zero landlord responsibilities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
357
Businesses Nearby
Explore this area
Business Placement
Demographics for 32169, FL
10,621
Population
12,339
Households
0.9
Avg Household Size
63
Median Age
49%
College-Educated
98%
High-School Grad
16.2 sq mi
ZIP Area
656
Density / Sq Mi
$99,260
Median Household Income
$65,500
Median Earnings
$1,754
Median Rent
$485,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Cannabis property - Freestanding MUV cannabis dispensary in New Smyrna Beach, Florida.
Where is this cannabis property located?
The property is located at 763 E 3rd Ave New Smyrna Beach, FL.
What is the asking price?
The asking price for this property is $2,665,000.
What are key features of this property?
This property features: Long‑term lease with over 13 years remaining and **3% annual rent increases, providing stable income.**; Located in a high‑tourism coastal market (New Smyrna Beach) with strong demand.; Absolute net lease structure with zero landlord responsibilities.
