Emerald Eagles LP Acquires Retail Property In New Smyrna Beach For $9.5M

The retail property located at 1421 South Dixie Fwy in New Smyrna Beach has been sold in a transaction. The property spans 101,728 square feet and is situated in the New Smyrna Beach market.

Summary of Transaction Details:

• Property Type: Retail
• Transaction Amount: $9,500,000
• Date: 09/09/2022
• Address: 1421 South Dixie Fwy
• Market: New Smyrna Beach

The buyer of the property is Emerald Eagles LP, while the seller is RCC New Smyrna Beach Shopping Center LLC. The deal was facilitated by Kyle Stonis, Pierce Mayson, and Kevin Yaryan from the Investment Properties Group - SRS Real Estate Partners.

This transaction represents a significant sale in the retail market, indicating potential opportunities in the area. With the property changing hands at a price of $9,500,000, it showcases the value of commercial real estate in New Smyrna Beach.