2373 Sr 44New Smyrna Beach, FL 32168

This exceptional investment opportunity presents a fee-simple 1,750 square foot commercial property located at 2373 SR 44 in New Smyrna Beach, Florida. The property, built in 1950 and renovated in 2021, sits on a 0.45-acre lot and boasts a desirable B4 zoning, allowing for a variety of uses including bank, QSR/fast food, and traditional office space. Currently operating under a triple-net lease (NNN) with a single tenant, the property offers a strong 6.46% cap rate and a substantial net operating income (NOI) of $67,800. The lease, with a remaining term of approximately 0.4 years, expires April 12, 2025. The property features 11 parking spaces and benefits from its location on a soft corner with frontage on both SR 44 (200 ft) and Timberland Dr (115 ft), ensuring high visibility and accessibility. Situated in a thriving commercial area with surrounding retail, office, and auto-related businesses, this property offers a solid foundation for continued success. All utilities are readily available, and the property is located in flood Zone X, outside the 100-year floodplain, eliminating environmental concerns. The property's convenient location, strong financial performance, and versatile zoning make it an ideal investment for discerning buyers. The property is a single-story building.