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Starbucks 3370 Bayside Lakes SE blvd

2,500 SF Retail Building Palm Bay, FL 32909 $3,739,000 ($1,496/SF) 5.75% Cap Rate

Restaurants Florida Palm Bay 3370 Bayside Lakes SE blvd, Palm Bay, FL 32909

Investment Highlights

  • New 10-Year Corporate Lease with No Early Termination Clause
  • Investment Grade Credit Tenant (Rated BBB+ by S&P), Ranked #125 on Fortune 500
  • Serving Over 80,000 Residents in Rapidly Growing Trade Area
  • 10% Rental Increases Every 5 Years in the Base Term and Options
  • New High-Quality Construction with a Patio and Drive-Thru
  • In the Heart of Thousands of New Homes and Residential Subdivisions Under Construction

Property Facts Under Contract

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,500 SF
Year Built
2024
Price
$3,739,000
Price Per SF
$1,496
Cap Rate
5.75%
NOI
$215,000
Tenancy
Single
Building Height
1 Story

Links

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Nearby Major Retailers

Starbucks
Publix Super Markets
Jpmorgan Chase & And Co
Beef 'O' Brady's
(858) 373-3174

Contacts

  • Listing ID: 32971319

  • Date on Market: 8/27/2024

  • Last Updated:

  • Address: 3370 Bayside Lakes SE blvd, Palm Bay, FL 32909

The Retail Property at 3370 Bayside Lakes SE blvd, Palm Bay, FL 32909 is currently available for sale. Contact Marcus & Millichap for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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3370 Bayside Lakes SE blvd, Palm Bay, FL for sale Primary Photo- Image 1 of 3
Starbucks - Palm Bay, FL
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Starbucks | 3370 Bayside Lakes SE blvd
(858) 373-3174 x

Starbucks | 3370 Bayside Lakes SE blvd

1/2

Phil Sambazis

(858) 373-3174

(858) 373-3174

Ryan Nee

(954) 245-3400

(954) 245-3400

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