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NICOLE FONTAINE Director of Leasing & Sales [email protected] (561) 869-4350 OCEAN FRONT RETAIL AT OCEAN WALK 2401 N. OCEAN AVENUE | SINGER ISLAND, FL 33404 JON CASHION Senior Director of Leasing & Investment Sales [email protected] (561) 869-4342 ERIC SPRITZ Sales Associate [email protected] (561) 869-4349

OCEAN FRONT RETAIL AT OCEAN WALK · Underserved beachfront restaurants when compared Delray, Deerfield, Pompano and Fort Lauderdale Top 3 highest beach town incomes in Palm Beach

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Page 1: OCEAN FRONT RETAIL AT OCEAN WALK · Underserved beachfront restaurants when compared Delray, Deerfield, Pompano and Fort Lauderdale Top 3 highest beach town incomes in Palm Beach

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

Page 2: OCEAN FRONT RETAIL AT OCEAN WALK · Underserved beachfront restaurants when compared Delray, Deerfield, Pompano and Fort Lauderdale Top 3 highest beach town incomes in Palm Beach

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.

Page 3: OCEAN FRONT RETAIL AT OCEAN WALK · Underserved beachfront restaurants when compared Delray, Deerfield, Pompano and Fort Lauderdale Top 3 highest beach town incomes in Palm Beach

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.

Page 4: OCEAN FRONT RETAIL AT OCEAN WALK · Underserved beachfront restaurants when compared Delray, Deerfield, Pompano and Fort Lauderdale Top 3 highest beach town incomes in Palm Beach

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

Page 5: OCEAN FRONT RETAIL AT OCEAN WALK · Underserved beachfront restaurants when compared Delray, Deerfield, Pompano and Fort Lauderdale Top 3 highest beach town incomes in Palm Beach

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

Page 6: OCEAN FRONT RETAIL AT OCEAN WALK · Underserved beachfront restaurants when compared Delray, Deerfield, Pompano and Fort Lauderdale Top 3 highest beach town incomes in Palm Beach

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

Page 7: OCEAN FRONT RETAIL AT OCEAN WALK · Underserved beachfront restaurants when compared Delray, Deerfield, Pompano and Fort Lauderdale Top 3 highest beach town incomes in Palm Beach

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

Page 8: OCEAN FRONT RETAIL AT OCEAN WALK · Underserved beachfront restaurants when compared Delray, Deerfield, Pompano and Fort Lauderdale Top 3 highest beach town incomes in Palm Beach

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