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Property profile & analytics
FOR LEASE
Grocery and convenience stores

201 E Granada Blvd Ormond Beach, FL 32176

630 SF 0.62 ac lot Built 1988
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-0646735
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1988
Construction WOOD
Total area 630 SF
Lot 0.62 ac (27,096 SF)
Zoning code B5
APN 4241-07-01-0350
UPID US18-0646735
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Shell Grocery & Convenience Store
  • ATM Atm
  • Salty Dog Surf Shop (Bike/Boat/Book/etc) Store
  • Gorilla Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Boca Gas Co Holdings 2 LLC · 6 yrs held
Boca Gas Co Holdings 2 LLC
since 2020
Last sale
$1.7M
7 recorded transactions
2020
Price N/A
2020
$1.3M
2020
$1.5M
2020
$1.7M
2013
Price N/A
2009
Price N/A
1969
Price N/A
Zoning & alternative use
B5 · Ormond Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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