Mixed-Use Retail
New
For Lease
$35 SF/Yr
890 Central Ave Unit 4, Palm Coast, FL 32164
First-floor commercial space is planned within a pedestrian-oriented development with residential units above and outdoor gathering areas.
Space Size1,500 SF - 5,900 SF
Days on Market3
Property Features for 890 Central Ave Unit 4
General Information
Standard status
Active
Size
1,500 SF - 5,900 SF
Net Rentable
1,500 SF
Space & Availability
Available Space
1,500-5,900 SF
Floor
1
Available From
2026-Q2
Additional Details
Corner Location
Yes
Amenities
roof-top lounges
outdoor gathering spaces
pool
pickleball
direct access to multi-use trails
greenbelt views
pedestrian-friendly streetscapes
Building Details
Year Built
2026
Tenancy
Multi
Listing Agency:
ONE SOTHEBYS INTERNATIONAL
Listed By:
Cornelia Downing Manfre · License #BK3008604
(386) 276-9200
Source:
Bradfordrealestatenetwork
Added: Sep 13
Last Checked: Sep 14 at 5:25PM
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
Investment Insights
Based on property information with market context.
Unit 4 is a 3,864 SF first-floor commercial suite within The Promenade, a mixed-use development under construction. The first floor contains 57,000 SF of planned retail, restaurant, medical, and office space, with suites ranging from 1,500 SF to 5,900 SF. The project is expected to be completed in Q2 2026.
The Promenade occupies the southwest corner of Central Avenue and Bulldog Drive, directly across from Central Park at Town Center. Planned site features include rooftop lounges, outdoor gathering spaces, a pool, pickleball, multi-use trail access, greenbelt views, and pedestrian-friendly streetscapes. Above the commercial component, the development will include 204 studio, one-bedroom, and two-bedroom residences. The property is positioned within the Town Center area of Palm Coast, which includes approximately 1,500 single-family homes, town homes, and apartments.
The Promenade occupies the southwest corner of Central Avenue and Bulldog Drive, directly across from Central Park at Town Center. Planned site features include rooftop lounges, outdoor gathering spaces, a pool, pickleball, multi-use trail access, greenbelt views, and pedestrian-friendly streetscapes. Above the commercial component, the development will include 204 studio, one-bedroom, and two-bedroom residences. The property is positioned within the Town Center area of Palm Coast, which includes approximately 1,500 single-family homes, town homes, and apartments.
Key Highlights
- 3,864 SF first‑floor commercial suite identified as Unit 4
- First‑floor commercial component totals 57,000 SF
- Suite sizes range from 1,500 SF to 5,900 SF
Property Analytics
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
309
Businesses Nearby
64k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 60%
Shops & Services 40%
T.J. Maxx
Apparel
38,789 visits/mo
0.5 miles
PetSmart
Shops & Services
23,644 visits/mo
0.5 miles
America's Best Contacts & Eyeglasses
Shops & Services
2,057 visits/mo
0.5 miles
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
Check the figures for this property
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
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - First-floor commercial space is planned within a pedestrian-oriented development with residential units above and outdoor gathering areas.
Where is this mixed-use property located?
The property is located at 890 Central Ave Unit 4 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: 3,864 SF first‑floor commercial suite identified as Unit 4; First‑floor commercial component totals 57,000 SF; Suite sizes range from 1,500 SF to 5,900 SF
