FOR LEASE NEW ±7,283 SF RESTAURANT 50 SE 4TH AVENUE DELRAY BEACH, FL 33483 PROPOSED RENDERING NICOLE FONTAINE Director of Leasing & Sales NicoleFontaine@dkatz.com (561) 869-4350 DELIVERY Q4 2018 ROXANNE REGISTER Vice President of Leasing & Sales RoxanneRegister@dkatz.com (561) 869-4346
50 SE 4TH AVENUE DELRAY BEACH FL 33483 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 Q4 2018 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: 03.15.18
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 3 3 4 8 3 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 7 3 2 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 2 0 1 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
50 SE 4TH AVENUE DELRAY BEACH FL 33483 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 2019. Featuring a 497 seat, 8 screen ipic Theater. i P ic THEATER RECLINING SEATS
50 SE 4TH AVENUE DELRAY BEACH FL 33483 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.
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 3 3 4 8 3 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 2 3 13 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 Q4 2019 65,000 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 14 11 SW 1ST ST. ATLANTIC DECOR ART GALLERY- coming COMING SOON 2019 J&J SEAFOOD AT LEASE REST./RETAIL TIN ROOF 7 5 4 8 9 10 9 6 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: 63 2 5th Avenue at Delray: Total Units: 47 3 Porta Al Mare: Total Units: 20 4 5 6 SOFA-1: Total Units: 82 7 8 9 SOFA Lofts: Total Units: 76 111 First Delray: Total Units: 70 The Mark: Total Units: 60 SOFA-2: Total Units: 82 Caspian: Total Units: 146 10 Kolter (Hotel): Total Rooms: 150 11 The Metropolitan: Total Units: 48 12 Aloft: Total Units: 35; Hotel: Total Rooms: 122 13 Astor: Total Units: 198 14 Worthing Place: Total Units: 217 REV: 02-02-18 information given to any prospective buyer or tenant. Katz & Associates is a licensed Florida brokerage firm.