125 Palm Bay Rd NE | West Melbourne, FL 32904
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- LoopNet Team
125 Palm Bay Rd NE
West Melbourne, FL 32904
Chipotle · Retail Property For Sale
Investment Highlights
- New construction with zero landlord responsibilities
- Situated in a high performing Publix anchored shopping center on Palm Bay Rd., one minute west of heavily traveled I-95
- Nearby National Retailers include: WalMart Supercenter, LA Fitness, Chick-fil-A, Chase Bank, Target, Marshalls, McDonald’s, Starbucks and CVS
- Rare land and building lease allowing an investor to depreciate the building
- Brand new 15-year lease with increases throughout initial term and options | Inflation Hedge
PROPERTY FACTS
Property Type
Retail
Property Subtype
Retail
Building Size
2,448 SF
Building Class
B
Year Built
2021
Tenancy
Single
Building Height
1 Story
Lot Size
14.21 AC
Zoning
C1
Parking
552 Spaces (8.63 Spaces per 1,000 SF Leased)
Frontage
100 FT on Palm Bay Road
PROPERTY TAXES
| Parcel Number | 28-37-19-00-00258.0-0000.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $7,817,420 |
PROPERTY TAXES
Parcel Number
28-37-19-00-00258.0-0000.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$7,817,420
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