ocean front retail at ocean walk · underserved beachfront restaurants when compared delray,...
TRANSCRIPT
NICOLE FONTAINE
Director of Leasing & Sales [email protected]
(561) 869-4350
OCEAN FRONT RETAIL AT OCEAN WALK2401 N. OCEAN AVENUE | SINGER ISLAND, FL 33404
JON CASHION
Senior Director of Leasing & Investment Sales [email protected]
(561) 869-4342
ERIC SPRITZ
Sales [email protected]
(561) 869-4349
H I G H L I G H T S
±67,000 SF Retail Center located directly on the beach
Close proximity to Sailfish Marina, Peanut Island Park, Ocean Reef Park, snorkeling, volleyball and more
Adjacent to the Ritz Carlton luxury condos
Parking ratio 7.27/1,000; 480 spaces
Fastest drive-time from I-95 to the beach in Palm Beach and Broward County
Over 1 million population in a 15 minute drive-time to the property
Underserved beachfront restaurants when compared Delray, Deerfield, Pompano and Fort Lauderdale
Top 3 highest beach town incomes in Palm Beach and Broward
Home to upscale hotels and resorts along the 4.6 mile sparkling white sand beach
4,331 residential units on Singer Island
Hotel room count of 1,500 with an average nightly rate of $260.00
2401 N. OCEAN AVENUE | S INGER I S LAND | F L 33404
The information herein was obtained from third parties and has not been independently verified by Katz & Associates. Any and all interested parties should have their choice of experts inspect the property and verify all information. Katz & Associates makes no warranties or guarantees as to the information given to any prospective buyer or tenant. Katz & Associates is a licensed Florida brokerage firm.
2401 N. OCEAN AVENUE | S INGER I S LAND | F L 33404
The information herein was obtained from third parties and has not been independently verified by Katz & Associates. Any and all interested parties should have their choice of experts inspect the property and verify all information. Katz & Associates makes no warranties or guarantees as to the information given to any prospective buyer or tenant. Katz & Associates is a licensed Florida brokerage firm.
North PBC Public Beach Access
2401 North Ocean is uniquely positioned asthe only public beach access point inNorth Palm Beach County that offersrestaurant and entertainment options forresident and tourist beachgoers. Thepopular and successful beach destinationsof Delray Beach, Deerfield Beach, andPompano Beach are well outside ofacceptable drive times for North Countyresidents, making 2401 North Ocean theirsole and preferred beach entertainmentdestination. The property is centered inNorth Palm Beach County and is within a30 minute drive to over 1,000,000 residentswith an average household income over$83,000.
only game in town.
N O R T H P B C P U B L I C B E A C H A C C E S S
2401 North Ocean is uniquely positioned as the only public beach access point in North Palm Beach County that offers restaurant and entertainment options for resident and tourist beachgoers. The popular and successful beach destinations of Delray Beach, Deerfield Beach and Pompano Beach are well outside of acceptable drive times for North County residents, making 2401 North Ocean their sole and preferred beach entertainment destination. The property is centered in North Palm Beach County and is within a 30 minute drive to over 1,000,000 residents with an average household income over $83,000.
2401 N. OCEAN AVENUE | S INGER I S LAND | F L 33404
The information herein was obtained from third parties and has not been independently verified by Katz & Associates. Any and all interested parties should have their choice of experts inspect the property and verify all information. Katz & Associates makes no warranties or guarantees as to the information given to any prospective buyer or tenant. Katz & Associates is a licensed Florida brokerage firm.
R E S I D E N T I A L C O N S U M E R S MEET YOUR CUSTOMERS
RES IDENTS137,236
WITHIN 5 MILES• M id - t o -H igh I n come
• Young f am i l i e s t o emp t y ne s t e r s
• En t e r t a i nmen t s eeke r s
• Mu l t i - c u l t u r a l
S E E K I N G
• Au then t i c i t y
• Re f i ned l i v i ng e xpe r i en ce
• P ro x im i t y t o a c t i v i t i e s
• D in i ng and beve rage va r i e t y
O C E A N F R O N T R E T A I L
• Conven i en t l y l o ca t ed be tween t he 27 m i l e vo i d o f J up i t e r and Lake Wor t h
V I S I T O R S / E M P L O Y E E S
• Po r t o f Pa lm Beach - 550 ,000 pa s senge r s annua l l y c ome t o t h i s po r t and s t a y f o r a f ew day s
• Cheney B ro t he r s - 350 emp lo yee s
• FP L - 9 , 000 emp lo yee s i n R i v i e r a Beach
• Coca - Co la headqua r t e r s
R E S I D E N T I A L C O N S U M E R S
• M id - t o -H igh I n come
• Young f am i l i e s t o emp t y ne s t e r s
• En t e r t a i nmen t s eeke r s
• Mu l t i - c u l t u r a l
S E E K I N G
• Au then t i c i t y
• Re f i ned l i v i ng e xpe r i en ce
• P ro x im i t y t o a c t i v i t i e s
• D in i ng and beve rage va r i e t y
O C E A N F R O N T R E T A I L
• Conven i en t l y l o ca t ed be tween t he 27 m i l e vo i d o f J up i t e r and Lake Wor t h
V I S I T O R S / E M P L O Y E E S
• Po r t o f Pa lm Beach - 550 ,000 pa s senge r s annua l l y c ome t o t h i s po r t and s t a y f o r a f ew day s
• Cheney B ro t he r s - 350 emp lo yee s
• FP L - 9 , 000 emp lo yee s i n R i v i e r a Beach
• Coca - Co la headqua r t e r s
TOTALRETA I L SALES
$2.1B
AVERAGEHH INCOME
$103,956SPENT ON D IN ING OUT & ALCOHOL IC
BEVERAGES
$646.1M
ANNUAL BUDGET
$4.5BSPENT ON APPAREL
& SERV ICES
$216.2M
C L O S E - U P A E R I A L
The information herein was obtained from third parties and has not been independently verified by Katz & Associates. Any and all interested parties should have their choice of experts inspect the property and verify all information. Katz & Associates makes no warranties or guarantees as to the information given to any prospective buyer or tenant. Katz & Associates is a licensed Florida brokerage firm.
2401 N. OCEAN AVENUE | S INGER I S LAND | F L 33404
T H E R I T Z C A R LT O N
T R A D E A E R I A L
2401 N. OCEAN AVENUE | S INGER I S LAND | F L 33404
E X T E N D E D T R A D E A E R I A L
HOTELS ON SINGER ISLAND
1,500 Rooms
$260.00/Avg. Night
1900 NW Corporate Blvd. | East Tower | Suite 450Boca Raton, FL 33431
(561) 361-7232www.katzassociates.com
AVAILABLE
± 1 1 , 9 2 8 S F2 N D F LO O R S PA C E
R E S TA U R A N T /E N T E R TA I N M E N T
KATZ & ASSOCIATES
S I T E P L A N
2401 N. OCEAN AVENUE | S INGER I S LAND | F L 33404
BUILDING A
FIRST FLOOR
SECOND FLOOR
COVEREDPAT IO
2617
2,60
0SF
7-E
LEVE
N
33'-6"
78'
-4"
2615
1,99
2SF
2613
1,80
0SF
2610
10,9
48SF
WIN
GS
BEA
CH
STO
P
17'-6"
74'
-4"
69'
-4"
7 '-7" 19'-2"
68'
-8"
9 '-6"
28'-8"
148'
98'-4"
46'
49'-8"
24'
-8"
12,148 SF
167'-2"
70'
-8"
17'
-10"
10'-2"
50'
-10"
177'-4"
PAT
IOIN
CLU
DED
BUILDING BPROPOSED
BUILDING C BUILDING D
38'
-2"
38'
-2"
27'-10"
27'-10" 28'-3"
37'
-2"
37'
-2"
53'-11"
52'
-8"
27'-2"
21'
-8"
26'-5"
2557
1,05
0SF
2553
1,05
0SF
28'-3"
2555
1,05
0SF
2559
1,02
5SF
2551
4,95
0SF
PAT
IOIN
CLU
DED
COVEREDPAT IO
52'
-8"
53'-11"
27'-2"
21'
-8"
26'-9"
74'
-4"
74'
-4"
28'-3" 27'-10"
38'
-2"
38'
-2"
27'-10"28'-3"
37'
-2"
37'
-2"
COVEREDPAT IO
2509
4,95
0SF
TWO
DR
UN
KEN
GO
ATS
PAT
IOIN
CLU
DED
2505
1,05
0SF
2501
1,05
0SF
SU
BWAY
2507
1,05
0SF 2503
1,02
5SF COVERED
PAT IOCOVERED
PAT IO
COVEREDPAT IO
2419
1,85
0SF
NY
BAG
ELP
ATIO
INC
LUDE
D
2417
1,91
3SF
PAT
IOIN
CLU
DED
2415
2,02
3SF
2413
1,85
7SF
2411
2,00
0SF
2409
1,81
7SF
2401
6,72
4SF
JOH
NN
YLO
NG
BOAT
RES
TAU
RAN
T&
BAR
PAT
IOIN
CLU
DED53'
-8"
51'
-8"
78'
-4"
74'
-4"
78'
-4"
24'-8" 25' 25'-8" 25' 26'-11" 24'-5" 87'-10"
53'
-8"
49'-8"
38'-2"
LOA
DING
ARE
A
LOA
DING
ARE
A
N. OCEAN DR.
BEACH CT.
N. OCEAN AVE.
PLA
ZAC
IRC
LE
BE
AC
HR
D.
2616
1,30
9SF
18'-9"
VAC
ATIO
NVI
LLAG
E
FLC
UST
OM
SW
IMW
EAR
NEW
POR
TV
ACA
TIO
NC
LUB
11,928 SF
3,1
96 S
F
3,6
25 S
F P
ati
o I
ncl
ud
ed
2,0
50 S
F
BE
AC
H R
D.
B EACH CT.
PLAZA C IR .
1900 NW Corporate Blvd. | East Tower | Suite 450Boca Raton, FL 33431
(561) 361-7232www.katzassociates.com
KATZ & ASSOCIATES
USP
S St
ore
Swee
t Tre
ats
Ice
Cre
am
2615-2
616
BAY TENANT SQ. FT.
2507 Available 834
2509 Two Drunken Goats 4,989
2551-2559 Mulligan’s Beach House 9,150
2610 Wings Beach Stop 10,500
2613 Available - Built-out office space 1,602
2615-2616 Available 3,196
2617 7-Eleven 2,660
2ND FLOOR SQ. FT.
Available 11,928
BAY TENANT SQ. FT.
2401 Johnny Longboat Restaurant & Bar 6,724
2409 Available 2,050
2411 Beach Access Surf Shop 1,772
2413 Available 1,959
24152417 Available 3,625
2419 NY Bagel 1,953
2501 Subway 1,037
2503 Sweet Treats Ice Cream 1,055
2505 USPS 776
2nd Floor
2415/2
417
834
SF
2507
2409
1,800
1,6
02
SF
2613
BUILT-OUTOFFICE SPACE
2551-2
559
MU
LLIG
AN
’S
BEA
CH
HO
USE
9,1
50 S
F
2413
1,9
59 S
F
1,7
72
1,9
53
1,0
37
1,0
55
SF
77
6
4,9
8910
,50
0
2,6
60