8752 Atlantic Ave | Delray Beach, FL 33446
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- LoopNet Team
8752 Atlantic Ave
Delray Beach, FL 33446
Plaza Delray Shops | NNN Leases | 13-YR WALT · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Plaza Delray is anchored by Joseph's Classic Market, a gourmet market and grocery store which caters to affluent communities in South FL
- $218,000 AHHI and $980,000 average home value in 1 mile
- Fee simple ownership allows for depreciation boosting after tax returns
- Leases allow for reimbursement of all operating expenses including professional management, administration fees and an over-head fee
- Excellent visibility to 35,500 VPD along Atlantic Ave. with full access from signalized intersection
- Fixed rental increases (3% annual & 10% every 5 years) provides hedge against inflation
PROPERTY FACTS
Property Type
Building Size
10,200 SF
Building Class
B
Year Built
2024
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.04
Lot Size
5.24 AC
Zoning
MUPD
Parking
58 Spaces (5.69 Spaces per 1,000 SF Leased)
Frontage
268’ on West Atlantic Avenue
PROPERTY TAXES
| Parcel Number | 00-42-46-20-22-001-0010 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $7,657,550 |
PROPERTY TAXES
Parcel Number
00-42-46-20-22-001-0010
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$7,657,550
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