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Fully Leased Retail Building
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132 S Atlantic Ave, Daytona Beach, FL 32118

Fully leased retail building in a tourist district with RDB-5 zoning and a lease scheduled through 1/31/2025.

Property SizeContact for details
Days on Market124

Property Features for 132 S Atlantic Ave

General Information

Standard status Active
Property subtype Retail
Zoning RDB-5
Occupancy 100%

Additional Details

Cap Rate 7.1%
Listing Agency: Coldwell Banker Commercial Benchmark Ormond Beach
Listed By: Bob Rand CCIM, SIOR · License #FL SL3128649
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 6:07PM

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 Coldwell Banker Commercial Benchmark Ormond Beach

Investment Insights

Based on property information with market context.

This fully leased retail building is positioned in the heart of the Daytona Beach tourist district. The property is described as having strong traffic counts and an abundance of daily foot traffic supporting the retail location. Tenant occupancy runs for three years remaining on the lease, through 1/31/2025. Per the lease terms described in the remarks, the landlord also has the ability to terminate the lease with a 90-day notice at the landlord’s discretion. The landlord pays property tax and property insurance.

The tenant and building sit among notable tourist-oriented retail and dining, with neighbors including Starbucks and Joe’s Crab Shack, along with night clubs and other casual dining options. The Ocean Center convention venue and Daytona’s Main Street are within a short walking distance.

The property is cited as having RDB-5 zoning, which allows tattoo parlors. The remarks also indicate the upstairs area could potentially be modified and converted to an apartment.

Key Highlights

  • Fully leased retail building in Daytona Beach tourist district
  • Lease in place through 1/31/2025 (3 years remaining)
  • RDB‑5 zoning allows tattoo parlors (per provided information)

Property Analytics

Current Use

Studio 21 Tattoo ... Tattoo & Piercing Shop

Suggested Use

Top Pick Dental Office Electrical Service Locksmith Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Daycare Center

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

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

750
Businesses Nearby
55k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 50% Shops & Services 43% Hotels & Casinos 7%
Joe's Crab Shack Dining
19,572 visits/mo 0.3 miles
7-Eleven Shops & Services
9,090 visits/mo 0.3 miles
7-Eleven Shops & Services
7,013 visits/mo 0.2 miles
Circle K Shops & Services
4,699 visits/mo 0.4 miles
Domino's Pizza Dining
4,599 visits/mo 0.5 miles

Demographics for 32118, FL

17,906
Population
16,390
Households
1.1
Avg Household Size
58
Median Age
31%
College-Educated
94%
High-School Grad
4.2 sq mi
ZIP Area
4,263
Density / Sq Mi
$60,418
Median Household Income
$36,153
Median Earnings
$1,283
Median Rent
$339,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

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

What type of property is this?
Retail space - Fully leased retail building in a tourist district with RDB-5 zoning and a lease scheduled through 1/31/2025.
Where is this retail space located?
The property is located at 132 S Atlantic Ave Daytona Beach, FL.
What are key features of this property?
This property features: Fully leased retail building in Daytona Beach tourist district; Lease in place through 1/31/2025 (3 years remaining); RDB‑5 zoning allows tattoo parlors (per provided information)
More about this property
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