Downtown DeBary Retail Project
36,500 SqFt
Marketing description
• This is the new downtown DeBary new mixed-use development project located in front of the Sun Rail Station.
• The pride of the city of DeBary is planned to be the focal point of live and work play destination with 333 new apartments, upscale retail and restaurants, weekend festivals and entertainment.
• The city’s plan is to create a destination for residents from all over Central Florida and compete with New Smyrna and downtown Winter Park.
• The project will have walking and bike trails leading to the state park behind.
• A New Publix with multiple outparcels will be built directly across the street in 2025-2026.
• Over 333 apartments planned in two phases will create a captive audience for the retail component.
• Located directly on US Hwy 17-92 (Charles Ball Blvd) , which is the main artery besides 1-4 that connects DeBary to Sanford and the rest of the greater Orlando area. US 17-92 sees 31,500 vehicles per day.
• The subject property is only within a short distance to I-4 and Hwy 417, and close by to Interstate I-95, the main interstate running through the area. 1-4 sees 130,000 vehicles per day.
• City manager already has a wait list of 15 tenants eager to be a part of this project.
• Cushman Wakefield is exclusively representing the developer to secure a sale or joint venture partner and lease and sell the retail component of the project.
• Hundreds of newly built single family and multifamily units have been built surrounding this projects in the last 2 years.
• The city of DeBary is a magnet for affluent retirees from all over the northeast with its pristine lakes and parks, St. John’s River, 30 minutes drive to the beach or Sanford International Airport and 45 minutes driving distance to downtown Orlando. Disney parks are located about an hour south of DeBary.
36500 Square Feet of upscale street retail and a free standing restaurant facing a 2.5 acre lake.
Two additional outparcels available for purchase separately.
• The retail portion will be built by Mosaic Development in partnership with NDC Development as a part of the entire mixed-use project and delivered in a grey shell condition.
Investment highlights
LOT SIZE
19.7 ACRES
ZONING
Transit Oriented Overlay District
WATER & SEWER
Volusia County
MULTIFAMILY PARKING
497 Spots
RETAIL PARKING
219 Spots
PHASE 1&2 TOTAL PARKING
743 Spaces
TRAFFIC COUNT
32,000 (on SR Hwy 17-92)
RESIDENTS IN 5 MI RADIUS
85,522
AVG. HH INCOME IN 5 MI RADIUS
$104,918
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