151 NE 5th Avenue

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151 NE 5th Avenue

Address

151 NE 5th Avenue
Delray Beach, FL 33483
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Property Type: Office
Base Rent: 45.00
Listing Status: Active

Contact Info

Gary Broidis and Adam Starr
Cell: 561 703 9298 and 561 289 4262
gary@atlanticcg.com and adam.starr@atlanticcg.com

Residential Spaces: https://lioradelraybeach.com/

Floor Plans: https://lioradelraybeach.com/floorplans/

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Property Description

Position your business within one of Delray Beach’s newest boutique luxury communities — thoughtfully designed around modern coastal living, wellness, and everyday convenience.

With suites ranging from approximately 1,200 SF to 3,350 SF, Liora offers flexibility for boutique retail, professional office, wellness, beauty, café, medical, and lifestyle-oriented concepts seeking a presence in one of South Florida’s most desirable coastal communities.

Beneath 47 luxury rental residences, a limited collection of ground-floor retail and office suites creates a unique opportunity for businesses seeking meaningful connection within an affluent and lifestyle-driven community. Designed to complement the rhythm of everyday living, the commercial spaces are ideal for tenants that enhance convenience, wellness, hospitality, and personal services for both residents and the surrounding neighborhood.

Location Description

Residents of Liora experience spaces intentionally designed to feel warm, relaxed, and naturally inviting — where wellness, connection, and comfort are seamlessly woven into daily life. Shared lounges, a private fitness studio, recovery amenities, and thoughtfully curated gathering spaces create an environment that encourages people to linger, engage, and return often.

Located one block from Atlantic Ave on NE 5th; Liora Delray Beach blends walkable access to the city’s vibrant dining, shopping, gallery, and beach culture with the comfort and calm of a refined residential retreat.

Walk to dinner. Bike to the beach. Build your business where Delray lives brilliantly.

Additional Information Site Highlights Units Available
County: Palm Beach
Building Size: 65,642
Operating Expenses: 15.00
Min. Divisible Space: 1,200
Max. Contiguous Space: 3,350
Total SF Available: 4,450
Year Built: 2009
Lot Size: 1.23 Acres
  • Base Rent $45 PSF NNN + $15 PSF in OP Expenses
  • Walking distance to Downtown Delray Beach

Recent News

Bain & Co.: U.S. holiday sales to exceed $1 trillion for first time

U.S. retail sales during the November-December holiday season are expected to surpass $1 trillion for the first time, with sales projected to increase 4.5% year-over-year, according to Bain & Company's 2026 holiday forecast. More than half of the expected nominal sales growth will be attributable to inflation, raising questions about actual purchasing power gains. While in-store retail sales are expected to grow 2.5%, online sales are expected to rise 9% year-over-year, with non-store sales expected to account for about 60% of total holiday sales growth versus 50% last year. Retailers are likely well-stocked for the holidays as the year's peak shipping season rounded out, with early peak season ordering occurring ahead of tariff changes in late July. U.S. Holiday Sales Expected To Top $1 Trillion For First Time. +4

Petco loses millions due to loyalty program

Petco's relaunch of the Petco Perks loyalty program weighed on net sales after customer point redemption volumes far exceeded initial projections, with a mid-single-digit millions of impact on sales. The redesigned program, intended to remove friction and boost customer engagement, achieved success in driving redemptions—perhaps too much. Members earning 10 points per dollar on most products and 30 points per dollar on private label brands redeemed rewards at volumes that dragged second quarter sales, which otherwise would have tracked above outlook. The pet retailer quickly implemented guardrails to control redemption velocity and plans to refocus on personalization capabilities for long-term growth. Despite the early challenges, Petco reported its second consecutive quarter of same-store sales growth, up 0.6% year-over-year in Q2 2026, improving from four quarters of comparable declines in 2025.

QVC Group exits Chapter 11, CEO steps down

QVC Group has exited Chapter 11 bankruptcy with its debt reduced by over $5 billion and access to a new $600 million asset-based lending facility. As part of the restructuring, CEO David Rawlinson stepped down from the top role and was succeeded by Mike George as interim chief executive officer and board chair, effective immediately. George previously served as president and CEO of QVC Group for 16 years, from 2006 until his retirement in 2021. QVC Group's common stock has been approved for trading on Nasdaq under the ticker QVCG. The Chapter 11 exit was completed in less than four months after filing in the spring of 2026, representing a relatively swift restructuring timeline. The company has repositioned itself with a digital-focused strategy emphasizing live social shopping expansion across multiple platforms.