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Wendy’s NNN Restaurant Property
For Sale
Contact for pricing
Pending

1150 South Babcock St, Melbourne, FL 32901

Absolute NNN restaurant investment positioned across from a high school and near established retail, medical, airport, and university uses.

Property SizeContact for details
Days on Market143

Property Features for 1150 South Babcock St

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Marcus & Millichap - Issenberg Britti Group
Listed By: Gabriel Britti · License #FL SL3211804
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 7:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Issenberg Britti Group

Investment Insights

Based on property information with market context.

This absolute net-leased Wendy’s property includes a 2,781-square-foot restaurant on a 1.14-acre parcel. The freestanding food-service building is positioned for continued restaurant use under an absolute NNN lease structure, with the branded operation serving as the existing occupant.

The property fronts South Babcock Street in Melbourne, Florida, where reported traffic exceeds 25,735 vehicles per day. Melbourne Senior High School is directly across the street and has student enrollment exceeding 2,226. The surrounding area includes national and regional retailers, financial institutions, grocery, pharmacy, hotel, and restaurant operators. Health First Regional Medical Center, Orlando Melbourne International Airport, and Keiser University are also identified as nearby area destinations.

The site combines a recognizable restaurant format, substantial land area, and an established commercial setting. Its location places the property near a range of retail, institutional, medical, and transportation uses while maintaining direct exposure along South Babcock Street.

Key Highlights

  • Absolute NNN lease structure with Wendy’s operating at the property
  • 2,781‑square‑foot restaurant on a 1.14‑acre parcel
  • Frontage along South Babcock Street with traffic exceeding 25,735 vehicles per day

Property Analytics

Current Use

Starbucks Cafe & Coffee Shop

Suggested Use

Top Pick Storage Facility Grocery & Convenience Store Food Market Garden Center Electrical Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,809
Businesses Nearby
183k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 40% Groceries 20% Shops & Services 18% Superstores 12%
Publix Groceries
35,914 visits/mo 0.4 miles
McDonald's Dining
32,737 visits/mo 0.4 miles
Big Lots Superstores
22,098 visits/mo 0.3 miles
Dollar Tree Shops & Services
16,342 visits/mo 0.3 miles
Starbucks Dining
13,544 visits/mo 0.0 miles

Demographics for 32901, FL

26,286
Population
13,241
Households
2
Avg Household Size
46
Median Age
31%
College-Educated
90%
High-School Grad
12.1 sq mi
ZIP Area
2,172
Density / Sq Mi
$50,646
Median Household Income
$31,929
Median Earnings
$1,349
Median Rent
$244,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Absolute NNN restaurant investment positioned across from a high school and near established retail, medical, airport, and university uses.
Where is this nnn property located?
The property is located at 1150 South Babcock St Melbourne, FL.
What are key features of this property?
This property features: Absolute NNN lease structure with Wendy’s operating at the property; 2,781‑square‑foot restaurant on a 1.14‑acre parcel; Frontage along South Babcock Street with traffic exceeding 25,735 vehicles per day
(786) 522-7017 Call to check price and availability
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