Coastal Centre
Prime SR-100 Retail/Office Offering Near Airport, National Retailers & 2,700+ New Homes
Marketing description
The Coastal Center is a 15,800± square-foot, two-story neighborhood retail and office center consisting of 41 units and operating at a strong 96% occupancy. The property features efficient layouts that accommodate a wide range of small businesses, professional services, and local operators. With surface parking for 70 vehicles, monument signage, and functional floor plans, the center offers affordable, accessible space with consistently strong tenant demand.
The property is strategically positioned along Moody Boulevard (SR-100), one of Flagler County’s major commercial corridors surrounded by national retailers and essential services. Nearby anchors include Target, Walmart, McDonald’s, Winn-Dixie, Publix, Tractor Supply, AdventHealth medical facilities, and numerous restaurants and government offices. Directly across the street, the Flagler Executive Airport generates steady business activity from aviation services, flight schools, county operations, and emergency services. Traffic counts on SR-100 range from 13,000 to 22,000 VPD, and the property sits minutes from AdventHealth Palm Coast and AdventHealth Palm Coast Parkway, further elevating demand from medical, wellness, and professional tenants.
The Coastal Center offers clear value-add potential through targeted renovations to both floors, including upgrades to common areas, railings, stairways, lobbies, interior finishes, signage, and branding. These improvements provide a compelling opportunity to reposition the asset, elevate tenant quality, and increase rental rates. Strong demand for small service-oriented and professional users creates an ideal foundation for long-term rent growth and a more medical-focused tenant mix.
Palm Coast and Flagler County are among the fastest-growing markets in Florida, supported by thousands of new housing units under construction, approved, or moving through the entitlement pipeline. With projected population growth exceeding 20% over the next five years, rising household incomes, and rapid residential development, the market continues to strengthen the fundamentals for service-based commercial centers. This accelerating demographic growth positions Coastal Centre to benefit from long-term tenant demand, making it an attractive and future-proofed investment opportunity.
Investment highlights
Prime SR-100 Frontage
Positioned along one of Flagler County’s primary commercial corridors with 13,000–22,000 VPD, ensuring strong visibility and traffic exposure.96% Leased, Immediate Cash Flow With Short Term Leases
Stable occupancy across 41 units, providing reliable income with diversified tenancy. Shorter term leases giving investors opportunity to renovate and increase rents immediately.Value-Add Opportunity
Cosmetic upgrades to common areas, lobbies, railings, stairways, and signage offer clear upside in rental rates and tenant quality.Surrounded by National Retailers
Minutes from Target, Walmart, Publix, Tractor Supply, McDonald’s, and other major national brands, enhancing tenant demand and consumer draw.Proximity to AdventHealth Medical Campuses
Located near AdventHealth Palm Coast and Palm Coast Parkway, supporting long-term demand from medical, wellness, and professional users.Across From Flagler Executive Airport
Directly opposite a busy regional airport generating daily activity from aviation services, flight schools, county operations, and emergency facilities.Strong Demographic Growth
Palm Coast and Flagler County are among Florida’s fastest-growing markets, with projected population growth exceeding 20% in the next five years.Affordable Operating Structure
Smaller-format tenants prioritize predictable monthly rent, creating sticky tenancy with low turnover and strong retention.Flexible Retail & Office Layouts
Suite sizes offer adaptability for a mix of retail, professional, beauty/wellness, and emerging medical-adjacent users.Positioned Near Major Housing Development
Located minutes from large-scale residential projects, including the 2,700+ home Veranda Bay development, increasing long-term consumer base and service demand.
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