Former Riverside Branch Bank in Delray Beach

5070 W. Atlantic Avenue (the “Building”) is a single story branch banking facility with four drive-thru lanes consisting of approximately 4,824 square feet of office space on approximately 51,461 square feet of land.  It is located on the south side of W. Atlantic Avenue in Delray Beach, Florida.  The Building is located on an out parcel of the Pines West Plaza shopping center anchored by Gold’s Gym and is across the street from the U-Haul, Friendly’s Family Restaurant, Transcapital Bank, and PNC Bank. It has approximately 252 feet of frontage on Atlantic Avenue.  Atlantic Avenue is State Road 806 which is a six lane partially divided highway running east and west through central Palm Beach County from the Everglades to the Atlantic Ocean.  It is the main street through downtown Delray Beach.  It intersects with I-95 and the Florida Turnpike.  Turn lanes provide excellent access to the Building.

The site is in a vibrant, high traffic area on the main street running through downtown Delray Beach and the average daily traffic (ADT) count for Atlantic Avenue is approximately 38,500.  Under the City of Delray Beach’s zoning code the property is zoned PC – Planned Commercial.

The Building is a branch banking facility with approximately 63 parking spaces or 13 parking spaces per 1,000 SF.  The property is approximately 22 miles from West Palm Beach and 29 miles to Fort Lauderdale.  Within a five mile radius, the population is 191,643 and the median household income is $58,796.