Aloft Hotel - Turn-key Spa Space Available

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Aloft Hotel - Turn-key Spa Space Available

Address

202-236 SE 5th Avenue
Delray Beach, FL 33483
(View Map)

Property Type: Retail
Base Rent: $50.00/ PSF Modified Gross
Listing Status: Active

Contact Info

Gary Broidis
Cell: 561-703-9298
gary@atlanticcg.com

 

 

 

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Property Description

Existing fully built-out spa premises available for lease. This property consists of a 122-room hotel with restaurant/lounge and meeting rooms; 35 condominium units; 2,493 sq. ft. of retail space; and structured parking all at one great location. Situated in the heart of Delray's downtown SOFA District, an ideal location to enjoy all the shops, restaurants and entertainment venues along Atlantic Avenue. This retail spa space is available immediately - please call for more information.

Additional Information Site Highlights
Building Size: 6,280 SF
Min. Divisible Space: 2,493 SF
Max. Contiguous Space: 2,493 SF
Total SF Available: 2,493 SF
Year Built: 2018
  • Attractive Lease Terms 
  • $50/SF Modified Gross
  • Walking Distance to Dozens of Restaurants, Bars and Retailers
  • Brand New Construction
  • The spa premises is 2,493 SF
  • Free Garage Parking
Recent News

Stores remain dominant, even as digital, AI shopping grows

Physical stores still dominate retail, with 77% of purchases made in-person in 2025—even as AI and e-commerce continue to grow. According to EY research, most consumers still prefer to shop for fresh food, snacks, and beverages offline, and 94% make final purchase decisions in-store after browsing online.

EY’s Jon Copestake warns retailers not to underestimate the value of brick-and-mortar. While AI tools assist shoppers, few trust them to complete purchases. Instead, stores are crucial for discovery, promotions, and building loyalty.

Forward-thinking retailers are reimagining their physical spaces with services like rentals, repairs, and immersive experiences. As Copestake says, “If you're cutting stores, you may be missing a significant trick.”

Revoked Visa Programs, Increased Deportations Heighten Risks To Construction Labor Force

In Doral, once-busy streets and shops are suddenly quiet as fear spreads among immigrant communities following the rollback of legal protections like TPS and the CHNV parole program. The Biden-era policy had allowed over 500,000 immigrants from countries like Venezuela and Haiti to live and work legally in the U.S., but recent reversals by the Trump administration have left many without work authorization—and too afraid to leave home.

The impact is already being felt in South Florida’s construction and development sectors, where immigrants make up more than 25% of the workforce. With workplace raids increasing and employers required to use E-Verify under Florida’s SB 1718, developers may face labor shortages, project delays, and rising costs. Industry leaders warn that this could be just the beginning.

Mall traffic dips in June, half-year traffic mostly positive

Mall traffic dipped slightly in June 2025, ending a two-month streak of growth, as shoppers pulled back following a spring surge possibly fueled by anticipated tariff hikes. Indoor malls showed the most resilience, with visits down just 0.7% year-over-year, while outlet malls saw the steepest decline at 4.4%.

Despite the June slowdown, the first half of 2025 painted a largely positive picture: indoor mall visits rose 1.8%, open-air centers grew 0.6%, and average visit duration increased across all formats—indicating stronger consumer engagement. Notably, indoor malls edged past pre-pandemic levels for the first time, up 0.3% from 2019.

The recovery continues, with open-air centers maintaining the most consistent post-COVID performance, and indoor malls closing the gap. As Placer.ai notes, the mall rebound story is still unfolding.