New Smyrna ’s Largest Freestanding Commercial Building Sold by NAI Realvest Charles Wayne

  

Former New Smyrna Chevrolt Dealership Buiding
 1919 North Dixie Freeway, New Smyrna Beach, FL

Brian Adair

NEW SMYRNA BEACH , FL – The New Smyrna Beach Auto Mile has gotten a makeover.

With the sale of the former New Smyrna Chevrolet dealership at 1919 N. Dixie Freeway, NAI Realvest Charles Wayne has brought new life to the city’s largest freestanding commercial building.

Brian Adair and Ted Lightman of NAI Realvest Charles Wayne represented Capital Automotive, a Virginia-based investment company that owned the 6.56 acres of land and 72,000 square feet retail, parking, and service buildings along North US-1.  The property sold for $2,650,000.

Ted Lightman

The new owner, Sailsup Inc. will be housing its related company, Sun Coast Roofing, at the property.  Sailsup Inc. is owned by Rick Tauscher, and was represented in the transaction by local real estate broker David Wiley.

“This sale is indicative of the economic shift we’re seeing nationwide in commercial real-estate due to shifting consumer preferences,” explained Adair.  “As brick and mortar retailers downsize due in part to trends favoring online shopping, new users for older facilities are emerging with a need for well-located real estate.” 

“Many commercial buildings now several decades old are simply too large to provide what retailers look for in today’s economic environment,” added Lightman.  “However, as Sailsup’s purchase here demonstrates, some of these properties can be ideal for regional businesses.”

Rick Tauscher

Many companies seek locations from which they can recruit and attract employees, while serving a large but specific geographic area for their customers. 

 “1919 N. Dixie Freeway is an ideal centralized hub servicing Volusia County, as well as parts of Seminole and Brevard,” said Adair.

NAI Realvest Charles Wayne was formed when Charles Wayne Properties, Inc.’s brokerage operation in Daytona Beach , partnered with NAI Realvest in 2017 to enhance service to the firms’ customer bases across all of central Florida .  

CONTACTS: 

Ted Lightman, NAI Realvest Charles Wayne Commercial 386-238-3600 or 407-729-0813;  tlightman@realvest.com

Brian Adair, NAI Realvest Charles Wayne Commercial 

386-238-3600 badair@realvest.com

Beth Payan, Larry Vershel Communications 407-644-4142 or 

407-461-3781 beth@larryvershel.com

www.nairealvest.com.