DELIVERY Q ROXANNE REGISTER

Transcription

1 FOR LEASE NEW ±7,283 SF RESTAURANT 50 SE 4TH AVENUE DELRAY BEACH, FL PROPOSED RENDERING NICOLE FONTAINE Director of Leasing & Sales (561) DELIVERY Q ROXANNE REGISTER Vice President of Leasing & Sales (561)

2 50 SE 4TH AVENUE DELRAY BEACH FL HIGHLIGHTS New restaurant shell to be delivered to tenant for tenant s fit up ±3,396 SF on the first floor and ±3,887 SF on the second floor 4TH & 5TH DELRAY SE 4TH AVENUE Delivery Q Parking established for the new restaurant use Located across from the new ipic retail with 392 space parking garage 1/2 block south of Atlantic Avenue Excellent opportunity for a new restaurant to enter Delray Beach market NIGHT LIFE ON ATLANTIC AVE. Downtown Delray Beach can support another 25,000 SF of restaurant space. Now is the time to get in before restaurant opportunities are gone! Findings from Delray Beach Shopability Analysis Based on historical data $800 PSF is the projected average sales for restaurants Findings from Delray Beach Shopability Analysis TRAFFIC COUNTS I-95 at Atlantic Avenue - 209,000 ADT Swinton Avenue at Atlantic Avenue - 14,700 ADT FARMHOUSE 204 E. ATLANTIC AVE. 5th Avenue and Atlantic Avenue - 13,100 ADT information given to any prospective buyer or tenant. Katz & Associates is a licensed Florida brokerage firm. REV:

3 FESSIONALS TO ERS 5 0 S E 4 T H A V E N U E D E L R AY B E A C H F L E NOT YET RICH MEET YOUR DEMOGRAPHICS URAL MID-TO-HIGH Y NG YOUNG TO EMPTY NESTERS WITHIN 5 MILES MEET YOUR MEET YOUR HIGH- NOT YET RICH WITHIN 5 MILES WITHIN 3 5 MILES MID-TO-HIGH TO MID-TO-HIGHYOUNG EMPTY NESTERS EXPERIENCE O NIGHTLIFE PROXIMITY TO NIGHTLIFE RETAIL SALES YOUNG HIGH- NOT YET RICHRICH THETO WORKING EMPTY NESTERS REFINED LIVING EXPERIENCE HIGH- NOT YET RICH BEVERAGE DINING AND BEVERAGE S A LT E. AT L A N T I C AV E. $1B 74,625 RETAIL SALES YOUR MEET WITHIN 5 MILES RETAIL SALES $410.1 M REFINED LIVING EXPERIENCE MID-TO-HIGH AREA PROXIMITY TO NIGHTLIFE AVERAGE YOUNG TO DINING AND BEVERAGE REFINED LIVING EXPERIENCE EMPTY NESTERS SPENT ON DINING OUT & $410.1 $89,575 AVERAGE $304MM AVERAGE TED MEET YOUR MEET YOUR SUSTAINED EARNING POWER IONALS PROXIMITY TOAREA NIGHTLIFE HIGH- NOT YET RICH FREQUENTLY DINE OUT DINING AND BEVERAGE SPENT ON DINING OUT & SUSTAINED EARNING POWER ARNING POWER AREA FREQUENTLY DINE OUT WITHIN 5 MILES WITHIN 5 MILES AVERAGE TOURISTS & OVERNIGHT ID-TO-HIGH MID-TO-HIGH DINE OUT FROM OTHER COUNTIES/CITIES OUNG TO $8.3B S EEKING $410.1 M RETAIL SALES SPENT ON DINING OUT & $249.4M SPENT ON APPAREL $8.3B & SERVICES $2.10B $249.4M $100.5M YOUNG TO REFINED LIVING EXPERIENCE SUSTAINED EARNING POWER DAYTIME OFFICE WORKERS MPTY NESTERS EMPTY NESTERS TOURISTS & OVERNIGHT FREQUENTLY OUT PROXIMITY TO DINE NIGHTLIFE IGH- NOT YET RICH FROM HIGH- NOTOTHER YET COUNTIES/CITIES RICH DINING AND BEVERAGE HENRYs) DAYTIME OFFICE WORKERS ULTI-CULTURAL THE OFFICE E. AT L A N T I C AV E. $410.1 M RETAIL SALES AREA TOURISTS & OVERNIGHT OVERNIGHT FROM OTHER COUNTIES/CITIES UTHENTICITY DAYTIME OFFICE WORKERS SUSTAINED EARNING POWER EFINED LIVING EXPERIENCE REFINED LIVING EXPERIENCE FREQUENTLY DINE OUT ROXIMITY TO NIGHTLIFE PROXIMITY TO NIGHTLIFE R COUNTIES/CITIES SPENT ON APPAREL & SERVICES $8.3B AVERAGE $8.3B $249.4M 105 RETAIL SALES SPENT ON DINING OUT & SPENT ON APPAREL & SERVICES CABANA E. AT L A N T I C AV E. NING AND BEVERAGE DINING AND BEVERAGE information given to any prospective buyer or tenant. Katz & Associates is a licensed Florida brokerage firm. ICE WORKERS

4 50 SE 4TH AVENUE DELRAY BEACH FL IMMEDIATE MARKET DRIVERS HOTEL/RESORTS: DOVER HOUSE RESORT 43 ROOMS 12 ROOMS 154 ROOMS 70 ROOMS 131 ROOMS 82 ROOMS 28 ROOMS 51 ROOMS 134 ROOMS 189 ROOMS 122 ROOMS 115 ROOMS ROOMS 1,131 EMPLOYEES: 11,200 employees in walking distance to downtown retail and restaurants ANNUAL : Delray Beach welcomes approximately 600,000 visitors annually i P ic THEATER HALLS i P ic RENDERING ipic THEATER: An affordable, yet luxurious movie-going experience coming in Featuring a 497 seat, 8 screen ipic Theater. i P ic THEATER RECLINING SEATS

5 50 SE 4TH AVENUE DELRAY BEACH FL SITE PLAN - PROPOSED 3,887 SF 3,396 SF FIRST FLOOR SECOND FLOOR information given to any prospective buyer or tenant. Katz & Associates is a licensed Florida brokerage firm.

6 5 0 S E 4 T H A V E N U E D E L R AY B E A C H F L EAST ATLA NTIC AV ENUE DEL RAY BEACH, FL R E S TAU R ANT S & R ETAI L ER S NW 1ST ST. SWINTON AVE. - 14,700 ADT 2ND AVE. AVAILABLE ABOVE 5,000 SF OFC. SPACE AVAILABLE - 2,400 SF AVAILABLE2,100 SF ANDREWS AVE. 1 1 N. FEDERAL HWY. - 16,000 ADT NW 2ND ST. 5TH AVE. 2ND AVE. = SITE Q ,000 SF Retail/Restaurant Space 343 Units SUNSHINE DEEPOT BEACHWEAR BEACH CLUB APPAREL AVAILABLE-900 SF AVAILABLE -1,450 SF EXISTING: A1A / OC EAN BLV D. TRADE AERIAL E. ATLANTIC AVE. - 14,200 ADT E. ATLANTIC AVE. - 24,000 ADT ONE 10-OFC.BLDG.COMING SOON SE 7TH AVE. SOPRA CENTER COVE ANTONIO S WOMEN S WEAR BILL NILE COLLECTOR SW 1ST ST. ATLANTIC DECOR ART GALLERY- coming COMING SOON 2019 J&J SEAFOOD AT LEASE REST./RETAIL TIN ROOF SW 2ND ST. Café S. FEDERAL HWY. AVAILABLE2,200 SF SE 4TH AVE. SE 3RD AVE. 12 SE 1ST AVE. SW 1ST AVE. 6 coming 2019 NEW EXISTING APPROVED UNDER CONSTRUCTION 1 Ocean City Lofts: Total Units: th Avenue at Delray: Total Units: 47 3 Porta Al Mare: Total Units: SOFA-1: Total Units: SOFA Lofts: Total Units: First Delray: Total Units: 70 The Mark: Total Units: 60 SOFA-2: Total Units: 82 Caspian: Total Units: Kolter (Hotel): Total Rooms: The Metropolitan: Total Units: Aloft: Total Units: 35; Hotel: Total Rooms: Astor: Total Units: Worthing Place: Total Units: 217 REV: information given to any prospective buyer or tenant. Katz & Associates is a licensed Florida brokerage firm.