This Retail Property is no longer advertised on LoopNet.com.

5850 W Atlantic Ave
Delray Beach, FL 33484
Peachtree Plaza · Retail Property For Sale

Investment Highlights

  • Multi-tenant shopping center offering with an opportunity to redevelop or fill in vacant space - 7 Brews Coffee in negotiations to have a ground lease
  • The shopping center has a mix of national and local retail tenants with potential value add to lease up the remaining vacant bays
  • Property situated on one of Palm Beach counties main and most dense retail corridors, approximately 40,500 vehicles travel per day on W Atlantic Blvd
  • Current zoning allows for potential development, including multifamily, retail, medical, and other uses
  • Major tenants in this shopping center include ChenMed, Papa John's, among others
  • Average household income is $101,714 and the average house value is $314,071 all within a 5-mile radius

Property Facts

Property Type
Retail
Building Size
63,629 SF
Building Class
C
Year Built
1986
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
7.30 AC
Zoning
CG - CG - General Commercial PUD in Palm Beach County, Florida
Parking
320 Spaces (5.03 Spaces per 1,000 SF Leased)
Frontage
100’ on West Atlantic Ave

Amenities

  • Signalized Intersection
  • Tenant Controlled HVAC

Property Taxes

Property Taxes

Parcel Number
00-42-46-14-00-000-7040
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$9,478,484
  • Listing ID: 25848060

  • Date on Market: 6/3/2022

  • Last Updated:

  • Address: 5850 W Atlantic Ave, Delray Beach, FL 33484

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}