400 Atlantic Ave Ormond Beach, FL 32176

Discover Aliki Plaza, a remarkable investment opportunity situated on 400 S Atlantic Ave in Ormond Beach, Florida (32176), a vibrant beachside community. This exceptional two-story, concrete retail center boasts 29,730 square feet of net rentable space, spread across a 106,548 square foot lot. Built in 1987, the property currently houses twenty tenants, all credit-rated, under a triple-net (NNN) lease agreement, ensuring a consistent and stable income stream. With 100% occupancy, this multi-tenant property offers immediate revenue generation, minimizing vacancy risks. The diverse tenant mix, including restaurants, shopping center spaces, and storefronts, caters to a broad customer base, further enhancing its profitability. Aliki Plaza's strategic location in a high-traffic area, coupled with its proximity to popular attractions and amenities, guarantees significant foot traffic and consistent business growth. The asking price for this turnkey investment is $10,000,000, translating to $336.36 per square foot. This represents a compelling opportunity to acquire a high-performing retail asset in one of Florida's most desirable coastal locations. The property's robust construction and modern design ensure long-term durability and minimal maintenance, making it an attractive and low-risk investment.