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Granada Plaza 125-247 E Granada Blvd 1,200 - 13,914 SF of Retail Space Available in Ormond Beach, FL 32176
HIGHLIGHTS
- 107,066 sf on the northwest corner of Granada Blvd. (State Road 40) and A1A
- Excellent visibility; directly across from the Atlantic Ocean
- Recently completed $1.5-million facade renovation and upgrade
- Highest traffic corner in the northern barrier island
SPACE AVAILABILITY (5)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Unit 13 | 1,200 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Modified Gross | ||
| 1st Floor, Ste Unit 20 | 3,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Modified Gross | ||
| 1st Floor, Ste Unit 21 | 4,200 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste Unit 22 | 3,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Modified Gross | ||
| 1st Floor, Ste Unit 24 | 2,014 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Modified Gross |
145-255 E Granada Blvd - 1st Floor - Ste Unit 13
- Listed rate may not include certain utilities, building services and property expenses
145-255 E Granada Blvd - 1st Floor - Ste Unit 20
- Listed rate may not include certain utilities, building services and property expenses
145-255 E Granada Blvd - 1st Floor - Ste Unit 21
CONTACT BROKER FOR LEASE DETAILS
145-255 E Granada Blvd - 1st Floor - Ste Unit 22
- Listed rate may not include certain utilities, building services and property expenses
145-255 E Granada Blvd - 1st Floor - Ste Unit 24
- Listed rate may not include certain utilities, building services and property expenses
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT GRANADA PLAZA
- Outback
- TGI Fridays
- Walgreens
PROPERTY FACTS
ABOUT THE PROPERTY
Granada Plaza is a newly renovated center directly across the street from the ocean in upscale Ormond Beach, Florida. Located in the Northwest quadrant of U.S A1A (Ocean Shore Blvd.) and SR40 (Granada Blvd.), with a total gross leasable area of 107,066 square feet. The Center has just undergone a $1.2 million facade renovation. This beachside center is one of the most attractive shopping destinations in the Ormond Beach/Daytona Beach market. A upscale regional location home to many specialty tenants, Granada Plaza offers excellent visibility, an established market, heavy foot traffic and nationally recognized tenants. This center has and will continue to provide a stable home to retailers for years to come. Dominant luxury retail center in the greater Daytona Beach market, 107,066 square feet at the intersection of Granada Blvd. & A1A located directly across from the Atlantic Ocean. Excellent visibility, strong pedestrian traffic with 1,137 feet of frontage on Granada Boulevard. Established tenants such as Starbucks, Outback, Walgreens, TGI Friday's, Larry's Giant Subs, Granada Gourmet and many others. Property Highlights • Free-standing Starbucks with drive-thru opened June 2019 • 107,066sf on the northwest corner of Granada Blvd. (State Road 40) and A1A • 1,050sf-4,200sf available • Recently completed $1.5-million facade renovation and upgrade • 37,000 AADT combined Granada Blvd. and A1A • Excellent visibility; directly across from the Atlantic Ocean • Highest traffic corner in the northern barrier island • 1,137 feet of frontage on Granada Blvd. • Serves both tourist and local markets • Percentage of year-round residents estimated at 85% • More than 2,100 hotel rooms within three miles
- Pylon Sign
NEARBY MAJOR RETAILERS
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Granada Plaza | 125-247 E Granada Blvd
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