The Standard Delray Beach — Sale in Delray Beach, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Delray Beach, FL 33444

Investment Figures

Cap rate
6.46%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

This is a rare opportunity to secure a 15 year absolute net lease in the sought after downtown Delray Beach market with a strong performing restaurant concept. The property sits just one block south of the strongest intersection in the entire City Pineapple Grove and Atlantic Avenue, The property is positioned in the right area for immediate growth with 200 apartments being developed just across the street and another 38 townhomes a block to the south as well as the new Sundy House development just to the west. Investment Highlights: • New 15 year Absolute Net Lease - 420K a year Net Revenue • Strong Operator with multiple locations and reports sales at this location close to 5 million • Percentage Rent Clause provides hedge against inflation as tenant operates at below market rents.

Market Context

This retail in Delray Beach, FL is listed for sale. It is offered at an approximate 6.5% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 101 days. Compare it against other retail listings for sale in Delray Beach, FL — view the full market.

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