4999 N Wickham Rd | Melbourne, FL 32940
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
4999 N Wickham Rd
Melbourne, FL 32940
Chipotle Drive-Thru | New 15-YR NNN Lease · Retail Property For Sale
Investment Highlights
- Trophy “Chipotlane” drive-thru at high-profile signalized intersection (41,000 cars a day) in top Florida growth market (latest prototype on 1.13 AC)
- Rare stand-alone parcel without co-tenancy and tenant use restrictions
- 10% rental increases every 5 years provide income growth and hedge against inflation
- 15-Year Absolute Net lease provides passive ownership and stable cash flow
- Shared traffic signal with regional destinations, Home Depot and Crunch Fitness
- Fee simple ownership allows for depreciation of the building boosting after tax returns
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,351 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.13 AC
Zoning
C2 - Retail Trade
Parking
37 Spaces (15.74 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Drive Thru
PROPERTY TAXES
| Parcel Number | 26-37-30-00-00514.0-0000.00 | Improvements Assessment | $41,940 |
| Land Assessment | $874,400 | Total Assessment | $916,340 |
PROPERTY TAXES
Parcel Number
26-37-30-00-00514.0-0000.00
Land Assessment
$874,400
Improvements Assessment
$41,940
Total Assessment
$916,340
Learn More About Investing in Retail Properties
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
