Friday, August 10, 2018

NAI Realvest Closes $3 Million+ Acquisition of New Smyrna Beach, FL Walgreens Store


Chris Adams
 New Smyrna Beach, FL -- NAI Realvest recently negotiated the $3,073,000 sale of a 12, 973 square foot building occupied by a Walgreens store located on State Road A1A in New Smyrna Beach. 

Chris AdamsAssociate at NAI Realvest, negotiated the purchase of the building built in 1993, representing Davenport-based Citrus Enterprises Inc.  a freight shipping and trucking company. 

 Buyer purchased the fully, long-term leased property to exercise a 1031 tax deferred exchange.  

Seller 800A1A Spiro Comitos was represented in the transaction by Mark Hollenbeck of Retail Net Real Estate.  

For more information, please contact:

Beth Payan, Larry Vershel Communications
407-644-4142 lvershelco@aol.com

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