For Sale
$18,000,000
5850 Atlantic AveDelray Beach, FL 33484
- Added:
- Dec 11, 2024
- Days on market:
- 117
Highlights
- 64,000 SF retail/medical plaza on over 8 acres in Delray Beach, FL.
- All leases are NNN.
- 800 feet of frontage on Atlantic Avenue with 50,000 vehicles per day.
- Prime 1-acre outparcel with potential for significant additional income.
- Current rents are approximately 20% below market, with 42% of leases expiring by 2025, offering value-add potential.
- Located near affluent country clubs, providing strong customer traffic.
Property Details for 5850 Atlantic Ave
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 63,629 SF
- Year Built
- 1984
- Lot Size (sq. ft)
- 361,548 SF
Location Insight
- City
- Delray Beach
- County
- Palm Beach
- State
- Florida
- Latitude
- 26.455689374742
- Longitude
- -80.136858495966
5850 Atlantic Ave, Delray Beach, Florida
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