3162 Atlantic Ave Ste C Daytona Beach, FL 32118-6259
This exceptional restaurant opportunity in Daytona Beach Shores, Florida, boasts a prime location on Atlantic Avenue (A1A), enjoying high visibility with 297 feet of frontage and benefiting from an annual average daily traffic count of 11,500 vehicles. The 5,930 square foot building sits on a 0.63-acre lot and is part of a newly renovated retail plaza, sharing space with established businesses. The single-tenant property is nearly fully built-out (90%), featuring existing equipment including hoods, walk-in coolers, and walk-in freezers, significantly reducing start-up costs and time. Ample parking is available for patrons. A stand-alone monument sign ensures excellent branding opportunities. The property's history as a Red Lobster location speaks to its proven success as a restaurant space. This is a turnkey operation ready for a new culinary concept to thrive in a high-traffic, desirable location. The property features one story and a single suite within the building. The Assessor's Parcel Number (APN) is 5334-16-00-0010. This is an exceptional opportunity for a discerning restaurateur seeking a well-established, high-visibility location.
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Carlos Ring, REALTOR® Real Estate Agency
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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
No recorded transactions found for this property.
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.