Mixed-Use Retail
For Lease
$173,355
12-890 Central Ave, Palm Coast, FL 32137
Under-construction commercial space suited to retail, restaurant, medical, and office operators within a residential development.
Space Size1,500 SF - 5,900 SF
Property Size57,000 SF
Days on Market303
Property Features for 12-890 Central Ave
General Information
Standard status
Active
Size
1,500 SF - 5,900 SF
Net Rentable
1,500 SF
Space & Availability
Available Space
1,500-5,900 SF
Contiguous Space
5,900 SF
Floor
Ground
Space Use
Office
Available From
2026-Q2
Additional Details
Corner Location
Yes
Taxes and HOA fees
Annual Taxes
$205,030
Amenities
roof-top lounges
dedicated outdoor gathering spaces
pool
pickleball
direct access to multi-use trails
greenbelt views
pedestrian-friendly streetscapes
Building Details
Building Size
57,000 SF
Tenancy
Multi
Listing Agency:
ONE SOTHEBYS INTERNATIONAL
(386) 276-9200
Listed By:
Cornelia Downing Manfre · License #BK3008604
(386) 931-9256
Source:
Exprealty
Added: Nov 14, 2025
Changed: Sep 10
Last Checked: Sep 12 at 12:02PM
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 ONE SOTHEBYS INTERNATIONAL
Investment Insights
Based on property information with market context.
The Promenade is an under-construction mixed-use project with first-floor commercial space planned for retail, restaurant, medical, and office uses. Available units range from 1,500 SF to 5,900 SF within a 57,000-square-foot commercial level, with expected completion in Q2 2026. The listed property size is 4,953 SF.
The development is at the southwest corner of Central Avenue and Bulldog Drive in Palm Coast, directly across from Central Park at Town Center. Project amenities include rooftop lounges, outdoor gathering areas, a pool, pickleball, multi-use trail access, greenbelt views, and pedestrian-oriented streetscapes.
The commercial space will be positioned below 204 studio, one-bedroom, and two-bedroom residences. The project also serves a Town Center area described as having approximately 1,500 single-family homes, townhomes, and apartments, along with a growing employment base.
The development is at the southwest corner of Central Avenue and Bulldog Drive in Palm Coast, directly across from Central Park at Town Center. Project amenities include rooftop lounges, outdoor gathering areas, a pool, pickleball, multi-use trail access, greenbelt views, and pedestrian-oriented streetscapes.
The commercial space will be positioned below 204 studio, one-bedroom, and two-bedroom residences. The project also serves a Town Center area described as having approximately 1,500 single-family homes, townhomes, and apartments, along with a growing employment base.
Key Highlights
- 57,000‑square‑foot first‑floor commercial level
- Available units from 1,500 SF to 5,900 SF
- Expected completion in Q2 2026
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
58
Businesses Nearby
Explore this area
Business Placement
Demographics for 32137, FL
46,258
Population
24,717
Households
1.9
Avg Household Size
57
Median Age
37%
College-Educated
95%
High-School Grad
62.4 sq mi
ZIP Area
741
Density / Sq Mi
$78,731
Median Household Income
$42,249
Median Earnings
$1,790
Median Rent
$360,600
Median Home Value
Market
Lease Benchmarks for Palm Coast, FL
$35 /SF/Yr
Avg Asking Price
$35–$35 /SF/Yr
Price Range
4,508 SF
Avg Space Size
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Under-construction commercial space suited to retail, restaurant, medical, and office operators within a residential development.
Where is this mixed-use property located?
The property is located at 12-890 Central Ave Palm Coast, FL.
What is the lease rate?
The lease rate is $173,355.
What are key features of this property?
This property features: 57,000‑square‑foot first‑floor commercial level; Available units from 1,500 SF to 5,900 SF; Expected completion in Q2 2026
