Reef Retail Shopping Plaza is a 29,635-square-foot upscale redevelopment shopping center comprised of two facilities: Reef Retail North and Reef Retail South. Located at the beaches on Mayport Road (A1A), this development will be a tremendous amenity to the charming oceanfront community of Atlantic Beach, Florida. Reef Retail Shopping Plaza flanks the entrance to the newly constructed, 456-unit luxury Reef Apartments (90% occupied). The concept is to create a town center village design where residents of the Reef Apartments and local community members can walk to restaurants and retail to enjoy a unique destination. The development features suites ranging from 800 to 15,318 square feet of contiguous space ideally suited for medical, retail, and other professional uses.
Reef Retail Shopping Plaza is strategically situated in an affluent area with a household income of over $105,000 per year within a five-mile radius. That same community is expected to see a 5.8% growth in population within a five-mile radius by the end of 2027. The increase in consumers will only help add to the $1.8 billion spent each year within a 15-minute drive of the site, 29.8% of which is spent on food and drink, 11.8% on entertainment, and 5% on apparel. Reef Retail Shopping Plaza is the perfect choice for retailers seeking brand-new retail suites in a thriving community near Atlantic Beach.