1150 S Babcock St | Melbourne, FL 32901
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- LoopNet Team
1150 S Babcock St
Melbourne, FL 32901
Starbucks | New 10yr Corp NNN | New Constr · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New 10-Year Lease | Investment Grade Tenant (S&P: BBB+) | Scheduled Rental Increases | 2022 Construction
- Across From Melbourne Shopping Center (209,841 SF) | Strong National/Credit Tenant Presence
- Direct Residential Consumer Base | Strong Demographics in 5-Mile Trade Area
- NNN Leased | Fee Simple Ownership | Limited Landlord Responsibilities
- Located Along Babcock Street | Near Signalized Intersection | Direct Access to Major Highway | Drive-Thru Equipped
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,500 SF
Building Class
C
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.14 AC
Zoning
Commercial
Parking
42 Spaces (16.8 Spaces per 1,000 SF Leased)
Frontage
150’ on S Babcock
AMENITIES
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 27-37-33-00-00755.1-0000.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $975,240 |
PROPERTY TAXES
Parcel Number
27-37-33-00-00755.1-0000.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$975,240
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