505 east atlantic avenue - delray beach - florida · 2017. 10. 12. · 505 east atlantic avenue - delray beach - florida Exceptional Pedestrian Traffic on East Atlantic Avenue in

505 east atlantic avenue - delray beach - florida

Exceptional Pedestrian Traffic onEast Atlantic Avenue in Delray Beach

• An exciting, hip, and fashion forward strip with effective retail and restaurant clustering

• New IPIC dine-in movie theater under construction diagonally across the street from the site

• New Capital One 360 Cafe’ opening closeby• 49 clothing & accessory stores • 120 restaurants, ice cream parlors & coffee shops• 11 jewelry stores• 34 art galleries & studios.• The immediate area is a thriving arts and cultural center • Approximately 2,000 new occupied condominiums, apartments,

and townhomes within easy walking distance of the avenue• Continuous heavy foot traffic day and night.• Within 1 mile the daytime population is almost 20,000 • The daily pedestrian traffic count on East Atlantic Avenue is over

45,000.• The activity along the avenue is a well-known phenomenon to

most people living in South Florida

Description• Located at the northeast corner of Atlantic

Avenue and SE 5th Avenue/US1.• Co-tenants are Mussel Beach Restaurant and

Elektric Boutique.• City of Delray Beach has become one the

most desirable addresses in all of South Florida, receiving national recognition for its urban village appeal to locals and tourists alike.

• In the immediate vicinity are multiplenewmultifamily,officeandhotel projects being completed and/or under development.

For Property Inquiries & Tours Please Call

Joseph ScarfoneLicensed Real Estate Broker

2048 E. Sample RoadLighthouse Point, FL 33064

561 945 [email protected]

2,100 SFRental

Negotiable

Former “Waggs to Riches”505 E. Atlantic Avenue, Delray Beach, FL 33483

DelrayBeachisasmallandintimatetownwithbigcitysophistication.Itisafirst-classresort destination and a diverse, vibrant community situated on the Atlantic Ocean

north of Fort Lauderdale between Boca Raton and West Palm Beach. A two-time winner of the coveted All-America City award, Delray Beach celebrates

its art, culture, and history.The city has been named Most Fun Small Town in the USA by Rand McNally, USA

Today, and the Travel Channel on a nationally televised special, Best of the Road. Delray’s Atlantic Avenue, which runs through the center of town from I-95 to the ocean, is the longest Main Street in Florida. A popular destination for locals and

visitorsalike,AtlanticAvenueisacharmingstreetscapefilledwithupscaleshops,finerestaurants and nightly entertainment.

Pedestrian counts on East Atlantic Avenue approach 46,000 daily, and the daytime population approaches 20,000 people.

The downtown is known nationally for its family-friendly festivals such as the Delray Affair and Delray Beach Garlic Fest, together with its famous 100-foot Christmas Tree,

where visitors can walk inside to see animated displays. Delray Beach’s booming art scene comprises more than 20 galleries. Public art

pieces are located downtown and in the Pineapple Grove Arts District, which is a blocknorthandhometoArtistsAlleywhereyouwillfindworkingartistsintheirstudios.

Gallery Walks draw visitors on Friday nights from October to April. DelrayBeach’ssignatureevent,“OnTheAve”isheldfivetimesayearandalways

features food, music, and an outdoor art gallery.



Investment GroupCOMMERCIAL REAL ESTATE

New IPIC TheaterConstruction to Begin

May 2017

CAFE

Subject Building

SOME ADDITIONAL PERSPECTIVE ON 505 E. ATLANTIC AVENUE, DELRAY BEACH, FLORIDA

A new IPIC Theater is being built diagonally across the street from the Property.IPIC will span the entire width of the block between SE 4th Avenue & SE 5th Avenue

The site is close to a New Capital One 360 Cafe that is under construction.

fabulous nightlife




LOVE SHACK137 E. Atlantic

TOMMY BAHAMA133 E. Atlantic

PALM BEACHNATIVE SUN

209 E. Atlantic

UNIQUE BOUTIQUE204 E. Atlantic

WINGS321 E. Atlantic

URBAN OUTFITTERS306 E. Atlantic

KOKONUTS310 E. Atlantic

PERIWINKLE339 E. Atlantic

BOLUFE326 E. Atlantic

HAYSTACKS401 E. Atlantic

FRESH PRODUCE401 E. Atlantic

MARTIER BOUTIQUE411 E. Atlantic

LOVE RICH BOUTIQUE2 NE 5th Avenue

AQUA SWIMWEAR404 E. Atlantic

HOUSE OF ZEN DALI424 E. Atlantic

ELEKTRIK BOUTIQUE

507 E. AtlanticWHO’S KAREN531 E. AtlanticESCENTIALS

533 E. Atlantic

CHICO’S777 E. AtlanticPATCHINGTON777 E. Atlantic

JB BODY LOCKER526 E. Atlantic

RAMONA LARUEBY ARIANNE

530 E. Atlantic

HY PA HY MAWOMENS CLOTHING

900 E. Atlantic

NINA RAYNOR1031 E. AtlanticLILY PULITZER1045 E. Atlantic

C ORRICO1045 E. Atlantic

PETITE CONNECTION1049 E. Atlantic

AQUA RESORTWEAR1000 E. Atlantic

SNAPPY TURTLEOF KENNEBUNKPORT

1100 E. Atlantic

TALULA1128 E. Atlantic

OH MY BOD1128 E. Atlantic

DOCK SQUARECLOTHIERS

1210 E. Atlantic

HARBOR WEAR1222 E. Atlantic



DELRAY BEACH, FLORIDA

Located Along East Atlantic Avenue

Former “Waggs to Riches” Space Highlighted by the Blue Circle


FederspielParking Garage

Downtown Delray Beach RestaurantsEast Atlantic Avenue, Delray Beach, FL 33444

45,447 Daily Pedestrian Count1-Mile Daytime Population 19,677

Delray Beach Tennis Center

CabanaEl Rey

TramontiSazio

The Office

Nature’s Way Cafe

Jimmy’s Bistro

32 East

Louis Bossi

Rocco’s Tacos& Tequila Bar

Racks Fish House & OysterBar

Gary Rack’sFarmhouse Kitchen

Its Sugar

TavernaOpa Delray

Vic & Angelo’s

Buddha Sky BarSpoon FedCity Oyster

Luigi’s CoalOven PizzaPeriwinkle

Capital One Cafe

Cut 432 Steakhouse

LemongrassAsian Bistro

Rocky’sItalian Bistro

MusselBeach

Spice

Off the AvenueFood & Spirits

J&J SeafoodBar & Grill

CenaModern Italian

HurricaneBar & Lounge

Blue Anchor

Lilo’s Cafe’

Deck 84

MellowMushroom

Martier CaffeDoc’s

All AmericanGrille

RokBurger

Bull Bar

Smoke BBQ

N. Swinton Avenue

NW 1st Street

East Atlantic Avenue

NE 1st Street

SE 1st StreetSW 1st Street

West Atlantic Avenue

NW 1st Avenue

NW 2nd Avenue

NE 2nd Avenue

NE 1st Avenue

Railro

ad A

venu

eNE

3rd A

venu

e

NE 4th Avenue

SW 1st Avenue

SE 1st Avenue

S. Swinton Avenue

SE 2nd Avenue

SE 5th AvenueNE 5th Avenue

SE 3rd Avenue

SE 4th Avenue

N. Federal HighwayS. Federal Highway

NE 7th Avenue

Old SchoolSquare Parking

Garage

El CaminoHouse of Siam

SolitaBru’s Room

Former “Waggs to Riches” Space Highlighted by the Blue Circle

East Atlantic Avenue

FederspielParking Garage



Population 1‐MILE 3‐MILE 5‐MILE2015 Total Population 12,639 70,249 161,6822015 Total Adult Population 10,736 59,654 140,8812015 Total Daytime Population 19,677 78,332 213,3622015 Total Daytime Work Population 12,209 37,781 112,865

Households 1‐MILE 3‐MILE 5‐MILE2015 Total Households 5,444 30,472 75,377

Retail Sales Volumes 1‐MILE 3‐MILE 5‐MILEShoe Stores $1,733,191 $9,588,306 $23,311,813Womens Clothing Stores $3,012,535 $16,711,725 $41,312,886Restaurant Expenditures $6,263,012 $34,472,545 $84,769,464

Income 1‐MILE 3‐MILE 5‐MILE2015 Average Household Income $84,133 $74,699 $70,9772015 Median Household Income $47,975 $47,812 $45,4492015 Per Capita Income $36,627 $32,998 $33,480

DEMOGRAPHICSDowntown Delray Beach

1-MILE RINGPOPULATION 12,639DAYTIME POPULATION 19,677HOUSEHOLDS 5,444AVERAGE HH INCOME $84,133MEDIAN HH INCOME $47,975PER CAPITA INCOME $36,627

3-MILE RINGPOPULATION 70,249DAYTIME POPULATION 78,332HOUSEHOLDS 30,472AVERAGE HH INCOME $74,699MEDIAN HH INCOME $47,812PER CAPITA INCOME $32,998

5-MILE RINGPOPULATION 161,682DAYTIME POPULATION 13.362HOUSEHOLDS 75,377AVERAGE HH INCOME $70,977MEDIAN HH INCOME $45,449PER CAPITA INCOME $33,480

Demographic InformationDowntown Delray Beach Florida

1-Mile, 3-Mile, 5-Mile

For Property Inquiries & Tours Please Call


2048 E. Sample RoadLighthouse Point, FL 33064


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505 east atlantic avenue - delray beach - florida · 2017. 10. 12. · 505 east atlantic avenue - delray beach - florida Exceptional Pedestrian Traffic on East Atlantic Avenue in