128 S Atlantic Ave - Freestanding FOR SALE


Daytona Beach, FL 32118- Daytona Beach Shores
$1,600,000 USD
386-852-7932
128 S Atlantic Ave, Daytona Beach, FL for Sale
$1,600,000 USD
Freestanding - FOR SALE
1/17
null | Request Cap Rate

128 S Atlantic Ave
Daytona Beach, FL 32118
Daytona Beach Shores


HIGHLIGHTS

  • 2022 new construction — zero CapEx, zero deferred maintenance
  • 100% occupied — long-term tenant in place
  • $7,000/month in-place rent
  • NNN lease at renewal with 3.5% annual escalation
  • Two (2) five-year renewal options — 13+ years total
  • 1031 exchange eligible

OVERVIEW

Rare Opportunity: High-Visibility A1A Retail Site in Daytona Beach! Position your portfolio in the heart of Daytona Beach’s most active commercial corridor. This 2022-built retail building sits directly on South Atlantic Avenue (A1A), enjoying constant exposure to high-volume local and tourist traffic. Beyond its architectural quality, the location is unbeatable—adjacent to major demand drivers like the Ocean Center, Ocean Walk Shoppes, and the Hard Rock Hotel. Tenants and customers benefit from dual access via S. Atlantic Ave and Coates Street, complemented by private on-site rear parking. With Daytona Beach property values climbing 102% year-over-year and local job growth projected at 43.3%, this asset is positioned for continued appreciation. A perfect "lock-and-leave" investment with an established, long-term tenant..

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$471 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3400 S. F. Retail Building - A1A Daytona Bch

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,215 SF

ZONING

MPUD

APN/PARCEL ID

5304-01-04-0161

ASK ABOUT THIS PROPERTY

Dan Lyonnais, CCIMAdams Cameron & Co., Realtors-Commercial DivisionMore Info
386-852-7932

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Dan Lyonnais, CCIMAdams Cameron & Co., Realtors-Commercial DivisionMore Info
386-852-7932

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