Nicole Melveney and TJ Verdiglione of Douglas Elliman are delighted to present a Remarkable Investment Opportunity: An Income-Producing Ground Floor Retail/Medical Condo, with a secured a long-term 10-year lease in place. Newly built out with top-of-the-line finishes, this property is centrally located in the heart of Delray Beach within a boutique luxury mixed-use building in the CBD-Central Business Zoning District of East Downtown Delray Beach.
This luxury boutique development features a ground-floor retail/medical condo with a single tenant occupying 2,939 SF of usable space, offering excellent direct frontage, exposure, and optimal signage. The tenant, a well-established business with multiple locations throughout Florida, has a secured long-term 10-year lease and is set to open its Delray Beach location soon, making this an excellent investment opportunity. The space has been meticulously designed to optimize the tenant's success and operations. Additional details, such as the rent roll, are available upon request.
Strategically located within walking distance to the renowned Atlantic Avenue & Pineapple Grove, this property offers proximity to beautiful Delray beaches, delightful shops, and exquisite restaurants, serving as a focal point for the finest offerings in Delray Beach. Additionally, it provides direct access to I-95, facilitating convenient business operations and travel.
The property also offers easy access to major international airports, including Fort Lauderdale Airport (FLL), Palm Beach International Airport (PBI), and Miami International Airport (MIA), as well as nearby major cities.
For additional information and to schedule a tour of the property, please call Nicole – 732.567.5375.