401 Flagler Ave New Smyrna Beach, FL 32169
For Lease
This exceptional retail opportunity presents a fully operational coffee shop at 401 Flagler Ave, New Smyrna Beach, Florida, 32169. Currently operating as Luma Cafe, this established business boasts a welcoming atmosphere and a reputation for high-quality coffee and beverages. The cafe is situated in a prime location in the heart of New Smyrna Beach, offering excellent visibility and foot traffic. The asking price for this lease is $15,000. The property is a retail space, perfectly suited for a continuation of the current business model or a similar concept. The address is easily accessible and benefits from the high volume of pedestrian and vehicular traffic characteristic of this vibrant beachside community. This presents a unique chance to acquire a turn-key operation in a desirable location, ready for immediate income generation. The space is well-maintained and offers a comfortable environment for customers. The opportunity to lease this established and successful cafe provides a low-risk entry point into the thriving New Smyrna Beach market. This is an ideal investment for an entrepreneur seeking a profitable and established business in a prime location. The property is located in Volusia County, Florida.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B1 · New Smyrna Beach, FLCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.