151 NE 5th Avenue

PHOTOS (CLICK TO ENLARGE)

Close

Load More...

SITE PLANS

Site Plan

Properties for Lease

151 NE 5th Avenue

Address

151 NE 5th Avenue
Delray Beach, FL 33483
(View Map)

Property Type: Office
Base Rent: $45/PSF NNN
Listing Status: Active

Contact Info

Gary Broidis
Direct: 561-447-8610 Ext. 112
Cell: 561-703-9298
gary@atlanticcg.com

View Flyer

Property Description

The 151 Building is located one block north of Atlantic Avenue and directly fronting NE 5th Avenue (a.k.a. Federal Highway). These suites contain Class A improvements including flooring, lighting and other improvements

Location Description

On the east side of NE 5th Avenue (aka Federal Highway) and one (1) block north of Atlantic Avenue, this property is extremely well located with great visibility to the busy Federal Highway.  Atlantic Avenue has continually been named one of the best downtowns in America and continues to attract many national and regional retailers and restaurants.  

Additional Information Site Highlights Units Available
County: Palm Beach
Building Size: 65,642 SF
Operating Expenses: $15.00 /PSF
Min. Divisible Space: 1,242 SF
Max. Contiguous Space: 1,977 SF
Total SF Available: 9,164 SF
Year Built: 2009
Lot Size: 1.23 Acres
  • Class A Finishes
  • Base Rent $45 PSF NNN + $15 PSF in OP Expenses
  • Walking distance to Downtown Delray Beach
  • Property manager on site

Recent News

Study: Movie theater visits decreased 10% in 2025

U.S. movie theater visits fell by at least 10% year-over-year in 2025 when comparing second and third quarter data from 2024 with the same periods in 2025, according to location intelligence provider Kalibrate. Major cinema chains experienced steeper declines with average visit volumes down approximately 15%, including Regal Cinemas declining 12.2% and Century Theatres dropping 20.3%, while independent theaters showed greater resilience with only an 8.6% decrease. Households earning over $100,000 annually showed signs of pulling back more than other income groups, notable since moviegoing has historically skewed toward those with more disposable income. Highly urbanized areas experienced the largest year-over-year declines with visits down 18%, while rural and exurban areas saw a much smaller decline of just 5%, and several Western states including Idaho, New Mexico, Utah and Wyoming posted increases of more than 5%.

Global brands shut Middle East stores as conflict causes chaos

Major retail brands have closed stores across Middle Eastern shopping hubs including Dubai as escalating regional conflict disrupts business operations and travel, with many locations operating with skeleton staff or shuttered entirely.  Chalhoub Group, operating 900 stores for brands including Versace, Jimmy Choo, and Sephora, closed all Bahrain locations while making staff attendance voluntary in UAE, Saudi Arabia, and Jordan markets. Luxury conglomerate Kering temporarily closed stores in UAE, Kuwait, Bahrain, and Qatar, while Amazon shuttered Abu Dhabi fulfillment operations and suspended regional deliveries. Apple's Dubai stores remained closed, H&M shut Bahrain and Israel locations, and consumer goods group Reckitt closed its Bahrain manufacturing site while instructing all Middle East employees to work from home. Luxury stocks LVMH, Hermès, and Richemont declined 4% to 6.5% as investors assessed the impact on a region that represented luxury's strongest growth market in recent years, accounting for 5% to 10% of global luxury spending. 

Senate Advances Sweeping Housing Bill, Includes Ban On Institutional Buyers Of Single-Family Homes

The Senate advanced the 21st Century ROAD to Housing Act with an 84-6 bipartisan vote, combining affordability and housing production measures with a Trump administration proposal to ban institutional investment in single-family homes. The bill defines institutional investors as companies owning 350 or more homes and includes exemptions for homes built to rent, with the White House indicating President Trump would sign it if passed as written.  Key provisions include simplifying National Environmental Protection Act review processes to reduce construction delays, increasing Federal Housing Administration multifamily loan limits, changing manufactured housing definitions to spur construction, and supporting housing development in opportunity zones and Community Development Block Grant jurisdictions. The legislation, authored by Senators Tim Scott and Elizabeth Warren, still requires a final Senate vote and must be reconciled with the House bill before reaching the president's desk.