136 S Atlantic Avenue Daytona Beach, FL 32118
Established Italian restaurant steps from the ocean in Daytona Beach.
- Added:
- Sep 5, 2023
- Days on Market:
- 1041
- Last Refresh:
- May 13 at 8:22 pm
Property Features for 136 S Atlantic Avenue
General Information
- Standard status
- Active
- Size
- 2,219 SF
- Property subtype
- Business for Sale, Retail
Building Details
- Year Built
- 1984
Listing office FAME Real Estate LLC (386) 334-2226
Listing date Sep 5, 2023
Source Crexi
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 FAME Real Estate LLC
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location steps from the ocean in Daytona Beach with high visibility and heavy tourist traffic.
- Thriving, well‑established Italian restaurant business with an established reputation.
- Liquor license included with the sale.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.7k | $21.96 |
| − Vacancy | −$3.8k | −$1.71 |
| EGI | $44.9k | $20.25 |
| − OpEx | −$11.2k | −$5.06 |
| NOI | $33.7k | $15.19 |
