2015 N Wickham Rd | Melbourne, FL 32935
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- LoopNet Team
2015 N Wickham Rd
Melbourne, FL 32935
Church's Chicken · Retail Property For Sale
Investment Highlights
- New 2019 Construction
- Absolute NNN Lease
- Three, 5-Year Options
- New 20-Year Lease (Dec 2019)
- 2.00% Annual Increases
- Franchise Guarantee & Two High-Net-Worth Individuals
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
1,850 SF
Building Class
B
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.86 AC
About 2015 N Wickham Rd , Melbourne, FL 32935
Embree Capital Markets Group is pleased to present for sale a franchised Church’s Chicken Melbourne, FL. The subject property is a new 2019 construction, offering an investor the opportunity to purchase a high-quality asset leased to a growing franchisee. The lease features an attractive 20-year base term with 2.00% annual increases, providing an investor with a long-term asset with much rental growth throughout the lease term.
PROPERTY TAXES
| Parcel Number | 27-37-18-00-00281.0-0000.00 | Improvements Assessment | $429,800 |
| Land Assessment | $356,250 | Total Assessment | $786,050 |
PROPERTY TAXES
Parcel Number
27-37-18-00-00281.0-0000.00
Land Assessment
$356,250
Improvements Assessment
$429,800
Total Assessment
$786,050
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