201 E Granada Blvd Ormond Beach, FL 32176
For Lease
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Granada Plaza presents a unique retail leasing opportunity encompassing 107,066 square feet of street retail space situated on the highly visible northwest corner of Granada Boulevard (SR 40) and Highway A1A. This single-suite property boasts 1,137 feet of frontage along Granada Boulevard, capitalizing on an impressive 38,500 AADT (average annual daily traffic) from the combined roadways. The property recently underwent a significant $1.5 million facade renovation and upgrade, enhancing its curb appeal and modern aesthetic. A key feature is the inclusion of a free-standing Starbucks with a drive-thru, adding to the property's appeal and drawing significant foot traffic. Its prime location directly across from the Atlantic Ocean provides exceptional visibility and accessibility, catering to both the substantial tourist population and the significant local market. With an estimated 85% year-round residency and over 2,100 hotel rooms within a three-mile radius, this location offers a consistent and diverse customer base. Currently, 4,200 square feet of retail space is available for lease within this thriving commercial center. This presents a rare chance to establish a presence in one of the highest traffic corners in the northern barrier island.
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Shell Grocery & Convenience Store
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ATM Atm
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Salty Dog Surf Shop (Bike/Boat/Book/etc) Store
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Gorilla Bitcoin ATM Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B5 · Ormond Beach, FLOrmond Beach. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.