Saturday, August 18, 2018

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



 New Smyrna Beach, Fla. -- 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 Adams, Associate 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:

Chris Adams, Associate NAI Realvest, 407-875-9989 cadams@realvest.com

Robin L. Webb, CCIM, CHA, CHB, CRB, CPM, MRICS, Managing Director, NAI Realvest, 407-875-9989 Rwebb@realvest.com

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



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