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3616 S Atlantic Ave
Daytona Beach Shores, FL 32118
Retail Property For Sale


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
$1,376,780 CAD
Price Per SF
$592.16 CAD
Cap Rate
5.60%
NOI
$77,074 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
PROPERTY TAXES
| Parcel Number | 6302-03-01-0013 | Improvements Assessment | $269,103 CAD |
| Land Assessment | $101,374 CAD | Total Assessment | $370,476 CAD |
PROPERTY TAXES
Parcel Number
6302-03-01-0013
Land Assessment
$101,374 CAD
Improvements Assessment
$269,103 CAD
Total Assessment
$370,476 CAD
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