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Unit Size: 2,939 SF
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Condo Use: Retail
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Price: $2,800,000 USD
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Sale Type: Investment
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Price/SF: $952.71 USD
Description
This luxury mixed-use boutique development offers a ground-floor single-tenant space comprising 2,939 SF with a secured 10-year lease in place. The property also includes five (5) high-end luxury condos and four (4), 2-bedroom + den/office units and one (1) extraordinary penthouse, all available for sale. These units present an excellent investment opportunity to own in the prestigious Aría.
Every effort was dedicated to creating an unparalleled living experience. Located in the heart of East Delray Beach, this exceptional new development stands as the epitome of sophistication in the community.
Enjoy the convenience of being within walking distance to Atlantic Ave and Pineapple Grove, bringing the best of Delray right to your doorstep. Every aspect has been meticulously considered in this outstanding development, catering to a diverse range of preferences.
Luxury takes center stage with elevators on each landing, providing direct access to your doorstep. The meticulous attention to detail is underscored by voluminous ceilings that enhance the sense of spaciousness. Additionally, the residences feature expansive balconies, offering large outdoor living spaces that contribute to the overall allure of this extraordinary living experience.
Aría sets the standard for new development living in the renowned Delray Beach, offering a resort-style pool and covered parking that elevates the experience to a new level of class and sophistication. Consider this your dream oasis that awaits you, combining luxury and convenience seamlessly.
Sale Notes
Nicole Melveney and TJ Verdiglione of Douglas Elliman are delighted to present a Remarkable Investment Opportunity: An Income-Producing Ground Floor Retail/Medical Condo, with a secured a long-term 10-year lease in place. Newly built out with top-of-the-line finishes, this property is centrally located in the heart of Delray Beach within a boutique luxury mixed-use building in the CBD-Central Business Zoning District of East Downtown Delray Beach.
This luxury boutique development features a ground-floor retail/medical condo with a single tenant occupying 2,939 SF of usable space, offering excellent direct frontage, exposure, and optimal signage. The tenant, a well-established business with multiple locations throughout Florida, has a secured long-term 10-year lease and is set to open its Delray Beach location soon, making this an excellent investment opportunity. The space has been meticulously designed to optimize the tenant's success and operations. Additional details, such as the rent roll, are available upon request.
Strategically located within walking distance to the renowned Atlantic Avenue & Pineapple Grove, this property offers proximity to beautiful Delray beaches, delightful shops, and exquisite restaurants, serving as a focal point for the finest offerings in Delray Beach. Additionally, it provides direct access to I-95, facilitating convenient business operations and travel.
The property also offers easy access to major international airports, including Fort Lauderdale Airport (FLL), Palm Beach International Airport (PBI), and Miami International Airport (MIA), as well as nearby major cities.
For additional information and to schedule a tour of the property, please call Nicole – 732.567.5375.
Nicole Melveney
Douglas Elliman Commercial