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3616 S Atlantic Ave 2,325 SF 100% Leased Retail Building Daytona Beach Shores, FL 32118 $1,000,000 ($430.11/SF)



Investment Highlights
- 100% leased retail shopping center
- Proximity to numerous national retailers
- Potential re-development for single tenant paying increased NOI
- Across the street from multiple high rise oceanfront condominiums
- 6 suites currently occupied by 3 tenants provides increased revenue potential, if subdivided
Executive Summary
100% leased retail shopping center
2,352± SF shopping center which fronts Atlantic Avenue, the north/south artery for all Atlantic Ocean-front properties
One block from the ocean
3 blocks from Dunlawton Ave, which is the only Halifax River crossover to US 1 major retail and office developments for miles
2,352± SF shopping center which fronts Atlantic Avenue, the north/south artery for all Atlantic Ocean-front properties
One block from the ocean
3 blocks from Dunlawton Ave, which is the only Halifax River crossover to US 1 major retail and office developments for miles
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
2,325 SF
Building Class
C
Year Built
1977
Price
$1,000,000
Price Per SF
$430.11
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
0.20 AC
Zoning
Commercial - Shopping Center
Parking
15 Spaces (6.45 Spaces per 1,000 SF Leased)
Frontage
85’ on Atlantic Ave
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 6302-03-01-0013 | Improvements Assessment | $199,861 |
| Land Assessment | $73,631 | Total Assessment | $273,492 |
Property Taxes
Parcel Number
6302-03-01-0013
Land Assessment
$73,631
Improvements Assessment
$199,861
Total Assessment
$273,492
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