1024 Highway A1A - Retail FOR SALE


Satellite Beach, FL 32937
$300,000 USD
321-300-4773
1024 Highway A1A, Satellite Beach, FL for Sale
$300,000 USD
Retail - FOR SALE
1/23
null | Request Cap Rate

1024 Highway A1A
Satellite Beach, FL 32937


OVERVIEW

Fully built-out 3 Natives franchise in Satellite Beach, FL. The 1,112 SF space is located in the Publix-anchored Atlantic Plaza, just off Highway A1A. Built in 2020, it features a modern interior with dine-in seating, online ordering, and pickup. The center sees steady daily traffic from national co-tenants like Planet Fitness, McDonald’s, Subway, and Navy Federal. It’s surrounded by dense residential neighborhoods, with Satellite High 0.8 miles away, Holland Elementary 0.6 miles, and the beach just 1.2 miles. Sale includes all FF&E, franchise rights, branding, and goodwill. Equipment includes two True deli stations, walk-in cooler, upright and under-counter freezers, merchandizing fridge, stainless prep tables, GoodNature juicer, food processor, rotary toaster, panini press, Blendtec blender, Vollrath fruit chopper, two sous vide systems, commercial stand mixer, and a three-compartment sink. Also included: Toast POS system, four digital menu boards, display TV, full interior and patio seating (tables, stools, chairs, sofa, rattan chairs, coffee table, high chair), plus wire racks, shelving, and lockers. The NNN lease was signed in 2022 and has about seven years remaining on a ten-year term. Current rent is approximately $3,500/month including CAM, with scheduled increases starting at $26.50/SF. Additional rent includes $3.00/SF in operating expenses, $1.98/SF in taxes, and $0.36/SF in insurance. Lease transfer requires landlord approval; franchise transfer subject to franchisor approval. This is a turnkey opportunity for an owner-operator to step into a fully operational, branded concept in a growing coastal market with strong demographics and consistent foot traffic.

FOR SALE DETAILS

PRICE

$300,000 USD

PRICE/SF

$2 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Atlantic Plaza

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

656

LAND DETAILS

LAND ACRES

13.08 AC

LAND SF

569,765 SF

ZONING

C, Satelitte Beach

APN/PARCEL ID

26-37-35-00-00003.0-0000.00

ASK ABOUT THIS PROPERTY

Cassandra HartfordREACH Commercial Real EstateMore Info
321-300-4773

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Cassandra HartfordREACH Commercial Real EstateMore Info
321-300-4773

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.