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3616 S Atlantic Ave 2,325 SF 100% Leased Retail Building Daytona Beach Shores, FL 32118 $1,368,730 CAD ($588.70 CAD/SF) 5.60% Cap Rate
Investment Highlights
- Across the street from multiple high rise oceanfront condominiums
- 6 suites currently occupied by 3 tenants provides increased revenue potential, if subdivided
- Proximity to numerous national retailers
- Potential re-development for single tenant paying increased NOI
Executive Summary
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
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
$1,368,730 CAD
Price Per SF
$588.70 CAD
Cap Rate
5.60%
NOI
$76,623 CAD
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
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Gidget and Duke's Café
- Retailer
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Gidget and Duke's Café | Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 6302-03-01-0013 | Improvements Assessment | $267,201 CAD |
| Land Assessment | $100,657 CAD | Total Assessment | $367,858 CAD |
Property Taxes
Parcel Number
6302-03-01-0013
Land Assessment
$100,657 CAD
Improvements Assessment
$267,201 CAD
Total Assessment
$367,858 CAD
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3616 S Atlantic Ave
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