A stabilized, absolute-NNN income stream on the best street in South Florida’s best small city.
166 SE 2nd Avenue is a 15-year absolute-NNN restaurant asset in the heart of downtown Delray Beach — passive, management-free income backed by a proven, established operator on one of the most-walked streets in Florida.
Absolute net lease — zero landlord responsibility. The tenant covers taxes, insurance, and maintenance, all of it. You own the real estate and collect the check: no management, no capital calls, no surprises.
Strong, reported sales. This is a thriving operation, not an unproven concept — and the tenant reports sales, so you watch the engine run. Current sales are strong and the room performs seven days a week.
A real hedge against inflation. Below-market base rent plus a percentage-rent requirement means your income rises with the tenant’s top line — upside written into the lease, not a fixed coupon that erodes over fifteen years.
Downtown Delray Beach — a multiple All-America City, repeatedly named one of “America’s Most Fun Small Towns” — turned a quiet main street into a year-round destination the rest of Florida measures itself against. Steps off Atlantic Avenue, blocks from Pebb Capital’s $240M Sundy Village. They aren’t making any more Atlantic Avenue.
