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Retail Space in Mixed-Use Development
For Lease
$61,495

D111-890 Central Ave, Palm Coast, FL 32137

First-floor commercial suites are planned beneath 204 residences, with retail, dining, medical, and office space in the project.

Space Size1,200 SF - 5,000 SF
Property Size57,000 SF
Days on Market18

Property Features for D111-890 Central Ave

General Information

Standard status Active
Size 1,200 SF - 5,000 SF
Net Rentable 1,200 SF

Space & Availability

Available Space 1,200-5,000 SF
Contiguous Space 5,000 SF
Floor Ground
Available From 2026-Q4

Site & Location

Corner Location Yes
Anchor Co-Tenants 6th Street Deli, Fleet Feet, Enchanted MedSpa, SIM Lounge Golf & Sport, Advent Health Sports Rehab, Granpa Joe’s Candy Shop

Taxes and HOA fees

Annual Taxes $205,030

Amenities

outdoor amenity spaces
trails/greenbelt
walkability

Building Details

Building Size 57,000 SF
Tenancy Multi
Listing Agency: ONE SOTHEBYS INTERNATIONAL
Listed By: Cornelia Downing Manfre · License #BK3008604
Source: Exprealty
Added: Sep 22 Changed: Oct 8 Last Checked: Oct 7 at 12:53PM

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.

The Promenade at Town Center is a planned mixed-use development with 57,000 SF of first-floor commercial space and 204 studio, one- and two-bedroom residences above. Available commercial units range from 1,200 SF to 5,000 SF, with expected completion in Q4 2026. Signed commercial tenants include 6th Street Deli, Fleet Feet, Enchanted MedSpa, SIM Lounge Golf & Sport, Advent Health Sports Rehab, and Grandpa Joe’s Candy Shop.

The property occupies the southwest corner of Central Avenue and Bulldog Drive in Palm Coast, directly across from Central Park and City Hall. The Town Center area includes approximately 1,500 single-family homes, town homes, and apartments.

Key Highlights

  • 57,000 SF of first‑floor commercial space beneath 204 residences
  • Commercial units available from 1,200 SF to 5,000 SF; expected completion in Q4 2026
  • Southwest corner of Central Avenue and Bulldog Drive, across from Central Park and City Hall

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Nail Salon (Bike/Boat/Book/etc) Store Law Firm Spa & Massage Center Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

58
Businesses Nearby

Demographics for 32137, FL

46,258
Population
24,717
Households
1.9
Avg Household Size
57
Median Age
37%
College-Educated
95%
High-School Grad
62.4 sq mi
ZIP Area
741
Density / Sq Mi
$78,731
Median Household Income
$42,249
Median Earnings
$1,790
Median Rent
$360,600
Median Home Value

Market

Lease Benchmarks for Palm Coast, FL

$34 /SF/Yr
Avg Asking Price
$24.03–$35 /SF/Yr
Price Range
3,546 SF
Avg Space Size

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - First-floor commercial suites are planned beneath 204 residences, with retail, dining, medical, and office space in the project.
Where is this retail space located?
The property is located at D111-890 Central Ave Palm Coast, FL.
What is the lease rate?
The lease rate is $61,495.
What are key features of this property?
This property features: 57,000 SF of first‑floor commercial space beneath 204 residences; Commercial units available from 1,200 SF to 5,000 SF; expected completion in Q4 2026; Southwest corner of Central Avenue and Bulldog Drive, across from Central Park and City Hall
More about this property
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