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Grove Square 250-290 E Atlantic Ave 5,172 SF of Retail Space Available in Delray Beach, FL 33444
Highlights
- Prime Atlantic Avenue Corner Location
- Heart of Dining and Nightlife District
- Surrounded by Top Restaurant and Bar Operators
- Downtown Delray Beach Main & Main Corridor
- High Pedestrian Traffic Day and Night
- Trophy Street Frontage and Visibility
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 290 | 5,172 SF | 10-20 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, Ste 290
Second-generation, fully built-out restaurant and bar space available for lease in Downtown Delray Beach’s Atlantic Avenue dining and nightlife corridor. Trophy corner location with approximately 5,172 SF across two levels, including ground floor dining and second-floor office/storage. The premises include existing commercial kitchen infrastructure, bar build-out, indoor dining areas, and large front and side patios, allowing a qualified operator to significantly reduce build-out time and capital costs versus new construction. Located at 290 E Atlantic Avenue, this address has operated continuously as a successful restaurant location for approximately 20 years and benefits from strong customer awareness, established restaurant positioning, and high pedestrian and vehicle traffic day and night. Surrounded by top-performing restaurants, bars, hotels, residential buildings, and retail users. Steps from the beach and major downtown attractions. Ideal for experienced restaurant, bar, or hospitality operators seeking a flagship Delray Beach location. Lease terms: Inquire to disclose lease rate. Straight lease structure. Space offered on a confidential basis. Do not disturb current tenant or staff. All tours must be scheduled through listing broker.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Anchor Space
- Central Air Conditioning
- Freezer Space
- Security System
- Corner Space
- High Ceilings
- Drop Ceilings
- Secure Storage
- Plug & Play
- Hardwood Floors
- Smoke Detector
- Trophy Atlantic Avenue Restaurant Location
- Second-Generation Turn-Key Restaurant Space
- Fully Built-Out Kitchen and Bar Infrastructure
- Corner Exposure with Large Patios
- High Foot Traffic Day and Night
- Ideal for Flagship Restaurant or Bar Concept
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 Grove Square
- Tenant
- Description
- US Locations
- Reach
- Taverna Opa-delray Beach
- Restaurant
- 1
- -
- Vic & Angelo's-Delray Beach
- Restaurant
- 1
- National
| Tenant | Description | US Locations | Reach |
| Taverna Opa-delray Beach | Restaurant | 1 | - |
| Vic & Angelo's-Delray Beach | Restaurant | 1 | National |
Property Facts
| Total Space Available | 5,172 SF | Total Land Area | 1.59 AC |
| Property Type | Retail | Year Built/Renovated | 1926/1990 |
| Gross Leasable Area | 14,512 SF |
| Total Space Available | 5,172 SF |
| Property Type | Retail |
| Gross Leasable Area | 14,512 SF |
| Total Land Area | 1.59 AC |
| Year Built/Renovated | 1926/1990 |
About the Property
Prakas & Co. is pleased to present a rare trophy restaurant and bar lease opportunity at 290 E Atlantic Avenue in Downtown Delray Beach, Florida — one of the most recognized dining and nightlife corridors in South Florida. This highly visible corner property is located on Atlantic Avenue’s primary hospitality strip and has operated continuously as a successful restaurant location for approximately 20 years. Restaurant spaces of this size, patio presence, and infrastructure rarely become available in this submarket. The available premises total approximately 5,172 square feet across two levels and include fully built-out second-generation restaurant improvements, existing commercial kitchen infrastructure, bar build-out, dining areas, and dedicated office and storage space. The layout supports full-service restaurant, bar, lounge, and hospitality concepts. The site features strong street frontage, prime corner exposure, and large front and side patios, with constant pedestrian and vehicle traffic throughout the day and evening. The property sits in the center of Downtown Delray Beach’s restaurant, bar, and retail ecosystem and is surrounded by high-performing hospitality operators, hotels, residential density, and year-round tourism activity. This offering is intended for qualified restaurant operators and hospitality groups seeking a flagship Delray Beach location with reduced build-out time and capital investment compared to new construction. Lease structure is direct. Inquire for lease rate. This is a confidential offering. Do not approach or disturb current tenant or staff. All inquiries, financial qualifications, and tours must be coordinated through the listing broker, Prakas & Co.
- Corner Lot
- Restaurant
- Signage
- Wheelchair Accessible
- Storage Space
- Air Conditioning
Nearby Major Retailers
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Grove Square | 250-290 E Atlantic Ave
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