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Forest Plaza 4301 N Wickham Rd

14,820 SF 100% Leased Retail Building Melbourne, FL 32935 $4,200,000 ($283/SF) 5.10% Cap Rate

Mixed Use Properties Florida Melbourne 4301 N Wickham Rd, Melbourne, FL 32935

Investment Highlights

  • 37,000 Traffic count on Wickham Rd.
  • Close to Publix, Walmart Super Store, Banks.
  • 5.1% Cap Rate
  • New roof installed in January 2022
  • 100% leased.

Executive Summary

The property is in well-maintained conditions and sits on 1.97 acres of land.
100% leased.
In the heart of a thriving commercial and professional hub.
Close to Publix, Walmart Super Store, Banks.
37,000 Traffic count on Wickham Rd.
Built in 1999.
New roof installed in January 2022

Attachments

4301-N-Wickham-Rd-Melbourne-FL-32935

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
14,820 SF
Building Class
B
Year Built
1996
Price
$4,200,000
Price Per SF
$283
Cap Rate
5.10%
NOI
$214,200
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Land Acres
1.97 AC
Zoning
C1
Parking
62 Spaces (4.18 Spaces per 1,000 SF Leased)
Frontage
145 FT on Forest Run Dr

Amenities

  • Pylon Sign
  • Signage
1 of 1

PROPERTY TAXES

Parcel Number 26-37-31-00-00253.0-0000.00 Improvements Assessment $1,150,690
Land Assessment $510,360 Total Assessment $1,661,050

PROPERTY TAXES

Parcel Number
26-37-31-00-00253.0-0000.00
Land Assessment
$510,360
Improvements Assessment
$1,150,690
Total Assessment
$1,661,050
(321) 459-0000 x15

  • Listing ID: 24844148

  • Date on Market: 1/15/2022

  • Last Updated:

  • Address: 4301 N Wickham Rd, Melbourne, FL 32935

More public record information on 4301 N Wickham Rd, Melbourne, FL 32935

The Retail Property at 4301 N Wickham Rd, Melbourne, FL 32935 is currently available For Sale. Contact Watson Commercial Real Estate, Inc. for more information.

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Forest Plaza | 4301 N Wickham Rd
(321) 459-0000 x 15

Forest Plaza | 4301 N Wickham Rd

Duane Watson

(321) 459-0000

x15

(321) 459-0000 x15

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