1 of 6

2 of 6

3 of 6

4 of 6

5 of 6

6 of 6

•  Media
• Map
• Street View

4760 W Atlantic Ave
Delray Beach, FL 33445

$6,400,000 USD

Bank For Sale  •  1,904 SF

Property Details

• Property Type Bank
• Total Building Size 1,904 SF
• Lot Size 0.47 AC
• Building Class B
• Year Built 2024
• Cap Rate 4.45 %
• Tenancy Single
• Zoning B-1

0 Transit Score

60 Walk Score

Highlights

New 15-Year Regions Bank Ground Lease in top South Florida market

Regions is relocating a nearby branch and building its latest double drive-thru prototype to better service its established customer base

Fixed 10% increases provide hedge against inflation and an average return of 4.91% over the base term of the lease

Shared traffic signal with Publix and Chick-fil-A fronting 43,500 VPD along Atlantic Ave. the primary East/West retail corridor serving Delray Beach

Regions Bank is rated A- by Standard & Poors with a stable outlook and reported revenue of $7.6 billion in 2023

Absolute Net Ground Lease provides completely passive ownership and stable cash-flow for absentee owner

Cap Rate:

4.45 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
Delray Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	5 min	-	2.2 mi
Boca Raton (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	12 min	-	7.4 mi
Airport	Drive	Walk	Distance
Palm Beach International	28 min	-	20.0 mi
Fort Lauderdale/Hollywood International	43 min	-	32.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	26
Type:	Surface
Included in Rent:	Yes