Retail Strip Mall with Multiple
For Sale
$1,000,000
3616 S Atlantic Ave, Daytona Beach, FL 32118
2,352 SF retail strip mall on 8,925 SF of land with 11 parking spaces and 5,700 AADT traffic exposure.
Property Size2,352 SF
Lot Size0.20 Acres
Price / SF$425.17
Days on Market188
Property Features for 3616 S Atlantic Ave
General Information
Standard status
Active
Size
2,352 SF
Total Parking Spaces
11
Lot size
0.20 Acres
Property subtype
Retail
Zoning
Commercial
Additional Details
Traffic Count
5,700 vehicles/day
Building Details
Tenancy
Multi
Listing Agency:
Jacksonville
Listed By:
Gary Montour
(904) 861-1116
Source:
Colliers
Added: Mar 3
Changed: Aug 23
Last Checked: Sep 6 at 3:49AM
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 Jacksonville
Investment Insights
Based on property information with market context.
This retail strip mall includes a 2,352± SF building on 8,925± SF of land, with zoning designated Commercial. The property offers 11 parking spaces and reports 5,700 AADT traffic counts. Current income is supported by six suites occupied by two tenants.
The asset is positioned across the street from multiple high-rise oceanfront condominiums and is described as being in proximity to numerous national retailers, supporting steady pedestrian and vehicular demand.
The current configuration provides opportunities for added revenue, including the potential to subdivide existing suites. The property also notes potential redevelopment as a single-tenant option to increase NOI. The reported NOI is $55,981.
The asset is positioned across the street from multiple high-rise oceanfront condominiums and is described as being in proximity to numerous national retailers, supporting steady pedestrian and vehicular demand.
The current configuration provides opportunities for added revenue, including the potential to subdivide existing suites. The property also notes potential redevelopment as a single-tenant option to increase NOI. The reported NOI is $55,981.
Key Highlights
- 2,352± SF commercial building on 8,925± SF of land
- Commercial zoning with 11 parking spaces
- Traffic exposure: 5,700 AADT
Property Analytics
Property Profile
Current Use
Lease Details
5,700 VPD
Traffic count
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
384
Businesses Nearby
37k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Shops & Services 30%
Groceries 16%
Hotels & Casinos 7%
Starbucks
Dining
12,351 visits/mo
0.2 miles
7-Eleven
Shops & Services
8,677 visits/mo
0.1 miles
ABC Fine Wine & Spirits
Groceries
6,111 visits/mo
0.5 miles
Burger King
Dining
5,268 visits/mo
0.3 miles
Days Inn Daytona Oceanfront
Hotels & Casinos
2,451 visits/mo
0.3 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - 2,352 SF retail strip mall on 8,925 SF of land with 11 parking spaces and 5,700 AADT traffic exposure.
Where is this strip mall located?
The property is located at 3616 S Atlantic Ave Daytona Beach, FL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 2,352± SF commercial building on 8,925± SF of land; Commercial zoning with 11 parking spaces; Traffic exposure: 5,700 AADT
