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NAI Realvest Closes $3 Million+ Acquisition of New Smyrna Beach 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.

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About NAI Realvest

NAI Realvest, serving all of Central Florida, is a fully integrated commercial real estate operating company specializing in brokerage, development, investment, leasing and management, consulting and research services in the U.S. and worldwide. NAI Global is an international commercial real estate network with over 400 offices spanning the globe. Since 1978, clients have built businesses on the power of NAI Global’s expanding network. Extensive services include multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit www.NAIRealvest.com.

 

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