8752 Atlantic Ave - Retail FOR SALE
Delray Beach, FL 33446 |
8752 Atlantic Ave
Delray Beach, FL 33446
HIGHLIGHTS
- Plaza Delray is anchored by Joseph's Classic Market, a gourmet market and grocery store which caters to affluent communities in South FL
- Leases allow for reimbursement of all operating expenses including professional management, administration fees and an over-head fee
- $218,000 AHHI and $980,000 average home value in 1 mile
- Excellent visibility to 35,500 VPD along Atlantic Ave. with full access from signalized intersection
- Fee simple ownership allows for depreciation boosting after tax returns
- Fixed rental increases (3% annual & 10% every 5 years) provides hedge against inflation
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Plaza Delray Shops | NNN Leases | 13-YR WALT
PROPERTY TYPE
Retail
ADD'L SUBTYPES
Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
10200
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
58
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
00-42-46-20-22-001-0010
