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

NEW


1024 Highway A1A
Satellite Beach, FL 32937


OVERVIEW

Turnkey opportunity to acquire an established 3 Natives franchise at 1024 Highway A1A, Unit 106, Satellite Beach, FL 32937. Situated in the Publix-anchored Atlantic Plaza, with tenants including Subway, Planet Fitness, Sport Clips, McDonald's, Navy Federal, and Hibiscus Dental, this 1,112 sq ft juice bar and health café benefits from steady vehicle traffic on A1A and proximity to residential areas, schools (Satellite High School 0.8 miles, Holland Elementary 0.6 miles), and beaches (1.2 miles). Built in 2020, the fully built-out space features a modern interior with dine-in seating, online ordering, and pickup service. The sale includes all furniture, fixtures, and equipment (FF&E), such as True deli stations (x2), double under counter freezer, single door freezer, under counter freezer, merchandizing fridge, walk-in refrigerator, stainless steel prep tables (x4), commercial food processor, GoodNature juicer, rotary toaster, cast iron panini press, Blendtec blender, Vollrath fruit chopper, sous vide systems (x2), commercial stand mixer, three-compartment sink, Toast POS system, digital menu boards (x4), display TV, high top wood table, wood bistro tables (x3), aluminum bar stools (x10), aluminum chairs (x6), outdoor tables & chairs, sofa, rattan chairs (x2), coffee table, high chair, wire racks and shelving, and lockers. Also included: franchise rights, branding, and goodwill. The NNN lease (executed 2022) has approximately 7 years remaining on a 10-year term, with current monthly rent of about $3,500 including CAM, subject to escalations (starting at $26.50/psf, increasing annually). Additional rent includes operating expenses ($3.00/psf), taxes ($1.98/psf), and insurance ($0.36/psf). Lease transfer requires landlord approval; franchise transfer subject to franchisor approval. Ideal for an owner-operator in a growing coastal market with strong local demographics.

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.