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Retail Space Near Atlantic Avenue
For Lease
$33 SF/Yr

117 NE 5th Avenue, Delray Beach, FL 33483

A 1964-built retail property offers 3,366 square feet with on-site parking in Delray Beach.

Space SizeContact for details
Property Size3,366 SF
Days on Market85

Property Features for 117 NE 5th Avenue

General Information

Standard status Active
Size 3,366 SF
Property subtype Retail

Taxes and HOA fees

Annual Taxes $53,347

Building Details

Building Size 3,366 SF
Year Built 1964
Listing Agency: Douglas Elliman
Listed By: Cheran Alisa Marek · License #677157
Source: Atlanticwaterfrontproperties
Added: Aug 7 Changed: Oct 26 Last Checked: Oct 26 at 4:07PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Douglas Elliman

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Investment Insights

Based on property information with market context.

This 3,366-square-foot retail space was built in 1964 and includes on-site parking. The property is located at 117 NE 5th Avenue in Delray Beach, one block north of Atlantic Avenue. Pineapple Grove is three blocks west, and the beach is one mile east.

Key Highlights

  • 3,366 square feet of retail space
  • Built in 1964
  • On‑site parking

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Robes Law Group, ... Law Firm GreenC, LLC Construction Company

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Fish Market Restaurant Supermarket Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,586
Businesses Nearby
186k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 32% Hotels & Casinos 23% Shops & Services 18% Groceries 17%
Publix Groceries
31,996 visits/mo 0.5 miles
The Ray Hotel Delray Beach, Curio Collection by Hilton Hotels & Casinos
23,390 visits/mo 0.3 miles
Starbucks Dining
11,158 visits/mo 0.3 miles
Anthony's Coal Fired Pizza Dining
9,998 visits/mo 0.0 miles
BankUnited Shops & Services
9,864 visits/mo 0.2 miles

Demographics for 33483, FL

13,103
Population
9,493
Households
1.4
Avg Household Size
59
Median Age
57%
College-Educated
93%
High-School Grad
3.8 sq mi
ZIP Area
3,448
Density / Sq Mi
$117,854
Median Household Income
$60,502
Median Earnings
$2,306
Median Rent
$755,700
Median Home Value
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Market

Lease Benchmarks for Delray Beach, FL

$23.76 /SF/Yr
Avg Asking Price
$1.85–$66.96 /SF/Yr
Price Range
6,179 SF
Avg Space Size

This space is priced 39% above the average of $23.76 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - A 1964-built retail property offers 3,366 square feet with on-site parking in Delray Beach.
Where is this retail space located?
The property is located at 117 NE 5th Avenue Delray Beach, FL.
What is the lease rate?
The lease rate is $33 SF/Yr.
What are key features of this property?
This property features: 3,366 square feet of retail space; Built in 1964; On‑site parking
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