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Multi-Tenant Retail Center
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290 South Yonge Street, Ormond Beach, FL 32174

Fully occupied retail property with established tenants, monument signage, and three access points.

Property Size78,212 SF
Lot Size6.30 Acres
Price / SF$76.71
Days on Market97

Property Features for 290 South Yonge Street

General Information

Standard status Active
Size 78,212 SF
Class B
Lot size 6.30 Acres
Property subtype Retail
Occupancy 100%
Lease Type Modified Gross
Investment Type Stabilized
Net Operating Income $480,011

Site & Location

Anchor Co-Tenants Kalin Home Furnishings
Traffic Count 24,500 vehicles/day
Road Access Yes

Additional Details

Asking Price $6,000,000

Building Details

Year Built 1964
Tenancy Multi
Listing Agency: Marcus & Millichap - Orlando
Listed By: David Vaughan · License #FL SL3294062
Source: Crexi
Added: May 28 Changed: Aug 30 Last Checked: Aug 31 at 2:43PM

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 Marcus & Millichap - Orlando

Investment Insights

Based on property information with market context.

This 78,212-square-foot shopping center occupies approximately 6.3 acres at 290 South Yonge Street in Ormond Beach. Built in 1964, the fully occupied property includes a multi-tenant retail configuration with monument signage, ample parking, and three points of ingress and egress. More than 420 feet of frontage along US-1 provides a prominent roadside presence, with reported traffic of 24,500 vehicles per day.

Kalin Home Furnishings has served the site for more than 60 years and is associated with a planned five-year sale-leaseback covering 73% of the center. Other occupants include Tropicasual, in place since 2000, and Dermacare Research Labs. The property is located within five miles of more than 106,000 residents, where average household income is approximately $78,000.

Key Highlights

  • 78,212 SF multi‑tenant retail center on approximately 6.3 acres
  • More than 420 feet of direct frontage along US‑1
  • Fully occupied with a planned five‑year sale‑leaseback covering 73% of the center

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Dental Office Pharmacy (Bike/Boat/Book/etc) Store Parking Lot & Garage Bakery Locksmith

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

24,500 VPD
Traffic count
100%
Occupancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

789
Businesses Nearby
32k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 72% Dining 28%
Dollar Tree Shops & Services
10,430 visits/mo 0.5 miles
KFC Dining
5,825 visits/mo 0.5 miles
Mister Car Wash Shops & Services
5,658 visits/mo 0.4 miles
Mobil Shops & Services
4,909 visits/mo 0.5 miles
Jimmy John's Dining
3,058 visits/mo 0.5 miles

Demographics for 32174, FL

53,097
Population
26,303
Households
2
Avg Household Size
55
Median Age
33%
College-Educated
93%
High-School Grad
125.4 sq mi
ZIP Area
423
Density / Sq Mi
$67,817
Median Household Income
$41,452
Median Earnings
$1,316
Median Rent
$315,100
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?
Shopping center - Fully occupied retail property with established tenants, monument signage, and three access points.
Where is this shopping center located?
The property is located at 290 South Yonge Street Ormond Beach, FL.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: 78,212 SF multi‑tenant retail center on approximately 6.3 acres; More than 420 feet of direct frontage along US‑1; Fully occupied with a planned five‑year sale‑leaseback covering 73% of the center
(407) 557-3847 Call to check price and availability
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