5070 W Atlantic Ave, Delray Beach, FL 33484
Outlot restaurant positioned along a major Delray Beach retail corridor with convenient Interstate-95 and Florida’s Turnpike access.
Property Features for 5070 W Atlantic Ave
General Information
Site & Location
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Investment Insights
Based on property information with market context.
The site is located along Atlantic Avenue near South Military Trail in west Delray Beach, with access to Interstate-95 and Florida’s Turnpike. Delray Landing includes a Sprouts Farmers Market, while the adjacent Delray Square Shopping Center contains 9+ retailers and a Publix Supermarket. The property has direct exposure to over 90,000 vehicles per day and sits within a residential and retail trade area near Legacy at Sherwood Park Golf Course.
Additional regional demand drivers include 18% population growth within a five-mile radius over the past decade, proximity to Palm Beach International Airport, and Florida Atlantic University’s 850-acre campus with over 30,000 students enrolled annually.
Key Highlights
- 16‑years of lease term remaining with 9.7% rental increases every 5‑years
- 15.0% rent increases across four 5‑year renewal options
- Outlot to Delray Landing, featuring a brand‑new Sprouts Farmers Market
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Foot Traffic Nearby
Demographics for 33484, FL
Market
Vacancy Rate% for Retail in South region