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Atlantic Plaza 1024 Highway A1A 128,072 SF Retail Building Satellite Beach, FL 32937 $300,000 ($2.34/SF)



EXECUTIVE SUMMARY
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.
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.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Building Size
128,072 SF
Building Class
B
Year Built/Renovated
1962/2020
Price
$300,000
Price Per SF
$2.34
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.22
Lot Size
13.08 AC
Zoning
C, Satelitte Beach - Commercial
Parking
656 Spaces (5.01 Spaces per 1,000 SF Leased)
Frontage
678’ on Sr-a1a Hwy
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 26-37-35-00-00003.0-0000.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $7,929,670 |
PROPERTY TAXES
Parcel Number
26-37-35-00-00003.0-0000.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$7,929,670
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Atlantic Plaza | 1024 Highway A1A
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