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3400 S. F. Retail Building - A1A Daytona Bch 128 S Atlantic Ave 3,156 SF Retail Building Daytona Beach, FL 32118 $1,600,000 ($506.97/SF)
Investment Highlights
- 2022 new construction — zero CapEx, zero deferred maintenance
- $7,000/month in-place rent
- Two (2) five-year renewal options — 13+ years total
- 100% occupied — long-term tenant in place
- NNN lease at renewal with 3.5% annual escalation
- 1031 exchange eligible
Executive Summary
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..
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..
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,156 SF
Building Class
B
Year Built
2022
Price
$1,600,000
Price Per SF
$506.97
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.31
Lot Size
0.23 AC
Zoning
MPUD - MPUD (Mixed Use PUD)
Parking
17 Spaces (5.39 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Security System
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5304-01-04-0161 | Improvements Assessment | $431,194 |
| Land Assessment | $140,456 | Total Assessment | $571,650 |
Property Taxes
Parcel Number
5304-01-04-0161
Land Assessment
$140,456
Improvements Assessment
$431,194
Total Assessment
$571,650
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3400 S. F. Retail Building - A1A Daytona Bch | 128 S Atlantic Ave
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