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Mixed-Use Retail Space
For Lease
$86,205

E102-890 Central Ave, Palm Coast, FL 32137

Ground-floor space is planned for retail, restaurant, medical, and office users within a pedestrian-oriented development.

Space SizeContact for details
Days on Market314

Property Features for E102-890 Central Ave

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $205,030
Listing Agency: ONE SOTHEBYS INTERNATIONAL
Listed By: Cornelia Downing Manfre · License #BK3008604
Source: Exprealty
Added: Nov 14, 2025 Changed: Sep 23 Last Checked: Sep 24 at 11:37AM

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 is an under-construction mixed-use development with 57,000 square feet of first-floor commercial space. Available units range from 1,500 SF to 5,900 SF, with the listed space measuring 3,002 SF. Planned uses include retail, restaurant, medical, and office operations. Expected completion is Q2 2026.

The property occupies the southwest corner of Central Avenue and Bulldog Drive in Palm Coast, directly across from Central Park at Town Center. The development will include 204 studio, one-bedroom, and two-bedroom residences above the commercial level, along with rooftop lounges, outdoor gathering areas, a pool, pickleball, multi-use trail access, and greenbelt views. Pedestrian-oriented streetscapes connect the commercial component with the surrounding Town Center residential and employment base.

Key Highlights

  • 3,002 SF listed commercial space
  • First‑floor commercial component totals 57, 000sf
  • Available units range from 1, 500sf to 5, 900sf

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

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

$35 /SF/Yr
Avg Asking Price
$35–$35 /SF/Yr
Price Range
4,244 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?
Mixed-use property - Ground-floor space is planned for retail, restaurant, medical, and office users within a pedestrian-oriented development.
Where is this mixed-use property located?
The property is located at E102-890 Central Ave Palm Coast, FL.
What is the lease rate?
The lease rate is $86,205.
What are key features of this property?
This property features: 3,002 SF listed commercial space; First‑floor commercial component totals 57, 000sf; Available units range from 1, 500sf to 5, 900sf
More about this property
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