Mixed-Use Retail and Restaurant
For Lease
$35 SF/Yr
890 Central Avenue Unit 11, Palm Coast, FL 32164
First-floor retail and restaurant units are available in a mixed-use development currently under construction.
Space SizeContact for details
Days on Market311
Property Features for 890 Central Avenue Unit 11
General Information
Standard status
Active
Lease Term
[]
Additional Details
Multifamily Units
204
Amenities
roof-top lounges
dedicated outdoor gathering spaces
pool
pickleball
direct access to multi-use trails
greenbelt views
Building Details
Year Built
2026
Listing Agency:
ONE SOTHEBYS INTERNATIONAL (386-276-9200)
Listed By:
Cornelia Downing Manfre · License #BK3008604
(386) 931-9256
Source:
Onesothebysrealty
Added: Nov 6, 2025
Changed: Sep 12
Last Checked: Sep 12 at 10:08AM
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 ONE SOTHEBYS INTERNATIONAL (386-276-9200)
Investment Insights
Based on property information with market context.
The Promenade at Town Center is a mixed-use development currently under construction, with commercial space located on the first floor and residential units above. The building’s commercial opportunities include retail, restaurant, medical, and office space, with unit sizes available from 1,500 to 5,900 square feet.
The Promenade is positioned at the southwest corner of Central Avenue and Bulldog Drive, directly across from Central Park at Town Center. The project’s planned features include rooftop lounges, dedicated outdoor gathering spaces, a pool and pickleball amenities, and direct access to multi-use trails, with greenbelt views.
Units in the first-floor commercial space are intended to support a range of tenant types, and the expected completion is Q2 2026. Above the commercial area, the project plans for 204 contemporary studio, one- and two-bedroom residences.
The Promenade is positioned at the southwest corner of Central Avenue and Bulldog Drive, directly across from Central Park at Town Center. The project’s planned features include rooftop lounges, dedicated outdoor gathering spaces, a pool and pickleball amenities, and direct access to multi-use trails, with greenbelt views.
Units in the first-floor commercial space are intended to support a range of tenant types, and the expected completion is Q2 2026. Above the commercial area, the project plans for 204 contemporary studio, one- and two-bedroom residences.
Key Highlights
- The Promenade is under construction with retail/restaurant space available on the first floor of a mixed‑use development.
- First‑floor commercial space totals 57,000 SF with units available from 1,500 SF to 5,900 SF.
- Expected completion is Q2 2026.
Property Analytics
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Open Analytics
Current Use
Lease Details
204
Residential units
NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
309
Businesses Nearby
Explore this area
Business Placement
Demographics for 32164, FL
49,412
Population
22,902
Households
2.2
Avg Household Size
48
Median Age
26%
College-Educated
91%
High-School Grad
32.5 sq mi
ZIP Area
1,520
Density / Sq Mi
$71,738
Median Household Income
$37,976
Median Earnings
$1,724
Median Rent
$308,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Palm Coast, FL
$35 /SF/Yr
Avg Asking Price
$35–$35 /SF/Yr
Price Range
4,508 SF
Avg Space Size
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Frequently Asked Questions
What type of property is this?
Mixed-use property - First-floor retail and restaurant units are available in a mixed-use development currently under construction.
Where is this mixed-use property located?
The property is located at 890 Central Avenue Unit 11 Palm Coast, FL.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: The Promenade is under construction with retail/restaurant space available on the first floor of a mixed‑use development.; First‑floor commercial space totals 57,000 SF with units available from 1,500 SF to 5,900 SF.; Expected completion is Q2 2026.
