Taco Bell | 2035 W New Haven Ave
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Taco Bell 2035 W New Haven Ave
2,556 SF Retail Building Melbourne, FL 32904 $3,529,200 ($1,381/SF) 5% Cap Rate
Investment Highlights
- Absolute NNN Lease with 15+ Years Remaining on Primary Term
- Strong 5 Mile Demographics With 143,507+ Residents
- Situated on Irreplaceable Lot in Dense Retail Corridor With 37,460+ VPD
- Well Above AUV Sales Reported With Recent Full Renovation, Showing Tenant Commitment to Location
- Impressive Population Growth in a 3 Mile Radius of 27.70% Between 2010-2020
- Surrounded by Traffic Drivers Including Melbourne Square Shopping Mall and Several Other Retailers
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,556 SF
Building Class
B
Year Built
1985
Price
$3,529,200
Price Per SF
$1,381
Cap Rate
5%
NOI
$176,460
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.75 AC
Zoning
C2
Walk Score®
Very Walkable (75)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 28-37-06-00-00807.0-0000.00 | Improvements Assessment | $376,100 |
| Land Assessment | $390,000 | Total Assessment | $766,100 |
PROPERTY TAXES
Parcel Number
28-37-06-00-00807.0-0000.00
Land Assessment
$390,000
Improvements Assessment
$376,100
Total Assessment
$766,100
Contacts
-
Drew Duncan -
Jacob Mace -
Justin Dillon -
Trinity Real Estate Investment Services, LLC
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Taco Bell | 2035 W New Haven Ave
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