Leased Restaurant NNN
For Sale
Contact for pricing
Pending
802 SE 5th Ave, Delray Beach, FL 33483
NNN-leased restaurant space on SE 5th Avenue with an established tenant and CBD zoning allowing a wide range of uses.
Property Size2,783 SF
Lot Size0.66 Acres
Days on Market150
Property Features for 802 SE 5th Ave
General Information
Standard status
Pending
Size
2,783 SF
Lot size
0.66 Acres
Property subtype
Retail
Zoning
CBD
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Atlantic Waterfront Properties
Listed By:
David Gunther · License #FL 3285299
(954) 651-4789
Source:
Crexi
Added: Apr 11
Changed: Aug 25
Last Checked: Sep 5 at 11:17PM
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 Atlantic Waterfront Properties
Investment Insights
Based on property information with market context.
This commercial investment property is a leased restaurant on a NNN basis. The current tenant, Granger's Grille Restaurant, has occupied the premises for more than 6 years and uses 2,783 square feet. The lease has approximately 4 years remaining under the current term, with two additional 5-year options.
The property is located directly on SE 5th Avenue, southbound from Federal Hwy, with traffic passing throughout the day. It is just south and within walking distance of Atlantic Avenue. The parcel is described as nearly 29,000 square feet of improved land and provides ample parking.
Zoned Central Business District (CBD), the property allows the permitted uses of GC plus additional uses through the zoning framework, including conditional uses. The property is identified as being on Fed & 8th with a stated maximum building height of 54 feet (4 stories), supporting a range of potential future redevelopment directions.
The property is located directly on SE 5th Avenue, southbound from Federal Hwy, with traffic passing throughout the day. It is just south and within walking distance of Atlantic Avenue. The parcel is described as nearly 29,000 square feet of improved land and provides ample parking.
Zoned Central Business District (CBD), the property allows the permitted uses of GC plus additional uses through the zoning framework, including conditional uses. The property is identified as being on Fed & 8th with a stated maximum building height of 54 feet (4 stories), supporting a range of potential future redevelopment directions.
Key Highlights
- Restaurant investment property leased to Granger's Grille (2,783 SF), occupied for more than 6 years
- NNN lease with approximately 4 years remaining; tenant has two 5‑year options and seller can set new rent and structure
- Located directly on southbound Federal Hwy (SE 5th Ave) with heavy traffic passing throughout the day
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,368
Businesses Nearby
8k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
7,883 visits/mo
0.4 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - NNN-leased restaurant space on SE 5th Avenue with an established tenant and CBD zoning allowing a wide range of uses.
Where is this conventional restaurant located?
The property is located at 802 SE 5th Ave Delray Beach, FL.
What are key features of this property?
This property features: Restaurant investment property leased to Granger's Grille (2,783 SF), occupied for more than 6 years; NNN lease with approximately 4 years remaining; tenant has two 5‑year options and seller can set new rent and structure; Located directly on southbound Federal Hwy (SE 5th Ave) with heavy traffic passing throughout the day
