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Ground Floor Retail with Long-Term Lease
For Sale
$2,790,000

246 6th Avenue, Delray Beach, FL 33483

Single-tenant ground floor retail space offered for sale with a tenant in place under a ten-year lease.

Property SizeContact for details
Days on Market495

Property Features for 246 6th Avenue

General Information

Standard status Active
Property subtype Retail

Taxes and HOA fees

Annual Taxes $36,083

Amenities

3

Building Details

Year Built 2025
Stories 1
Tenancy Single
Listing Agency:
Listed By: Douglas Elliman
Source: Xome
Added: Apr 5, 2025 Changed: Aug 8 Last Checked: Aug 12 at 3:50AM

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

Investment Insights

Based on property information with market context.

This for-sale retail property is an income-producing, single-tenant ground floor space. The current tenant operates under a ten-year lease with options to renew, and the buyer will own the ground floor with the tenant in place.

The offering is presented as suitable for a 1031 exchange. Additional details on the unit configuration, frontage, and surrounding center features are not provided in the available information.

Key Highlights

  • Single‑tenant ground floor retail space offered for sale with a tenant in place
  • Tenant has a 10‑year lease with options to renew
  • Buyer will own the ground floor with the tenant in place

Property Analytics

Current Use

Amaira Med Spa ... Spa & Massage Center The Aria at Delray Beach Condominium Complex

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Florist Fish Market Tattoo & Piercing Shop 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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,062
Businesses Nearby
69k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 61% Shops & Services 36% Home Improvements & Furnishings 2% Dining 1%
Publix Groceries
40,205 visits/mo 0.5 miles
Bank of America Shops & Services
4,611 visits/mo 0.0 miles
Wells Fargo Shops & Services
4,310 visits/mo 0.4 miles
Chevron Shops & Services
4,029 visits/mo 0.3 miles
Flagstar Bank Shops & Services
3,369 visits/mo 0.5 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

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Single-tenant ground floor retail space offered for sale with a tenant in place under a ten-year lease.
Where is this retail space located?
The property is located at 246 6th Avenue Delray Beach, FL.
What is the asking price?
The asking price for this property is $2,790,000.
What are key features of this property?
This property features: Single‑tenant ground floor retail space offered for sale with a tenant in place; Tenant has a 10‑year lease with options to renew; Buyer will own the ground floor with the tenant in place
More about this property
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