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50 SE 4th Ave
Delray Beach, FL 33483
Downtown Delray New Construction Restaurant · Property For Lease

Highlights

  • Free standing
  • 19 foot ceilings
  • An excellent opportunity for a new restaurant to establish itself in a sought-after market, with an estimated delivery to the tenant in May 2024.
  • Prime location in the bustling heart of Downtown Delray Beach, offering modern elegance and charm for a luxury dining experience.
  • 300 feet to Atlantic Ave

Property Facts

Property Type Retail
Property Subtype Restaurant
Gross Leasable Area 3,625 SF
Year Built 2024

About the Property

Space & Design: Offering approximately 3,655 square feet of customizable shell space with a ceiling height of 19 feet, this venue is designed to be transformed by a visionary restaurateur into a premier culinary destination. Prime Location: Situated strategically between the new iPic theater and the Delray Beach Market, the property benefits from the synergy of nearby entertainment and dining establishments. The location is further enhanced by a 326-space parking garage adjacent to iPic and a 220-space garage near the Delray Beach Market, facilitating easy access for diners. Market Presence: Delray Beach, a thrice-recipient of the “All American City Award,” attracts over 600,000 visitors specifically to its downtown area annually. The locale is bustling with ongoing developments, including new hotels, residential spaces, and retail outlets, contributing to a vibrant community atmosphere. Community and Economic Highlights: With a dynamic population of over 75,855 within a 3-mile radius and a robust restaurant industry generating $51 million in sales, the economic environment is ripe for a high-end dining establishment. The area boasts an average household income of $106,336 and is supported by a workforce of 44,851, making it an ideal market for a new or expanding restaurant venture.

  • Restaurant
  • Signage
  • Listing ID: 31021715

  • Date on Market: 2/22/2024

  • Last Updated:

  • Address: 50 SE 4th Ave, Delray Beach, FL 33483

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