3555 W New Haven Ave Melbourne, FL 32904
Retail property in a dynamic growth market with long-term lease.
Property size:
25,531 SFLot size:
3.43 AcresProperty Features for 3555 W New Haven Ave
General Information
- Size
- 25,531 SF
- Lot size
- 3.43 Acres
Source:
Moodyscre
Listing Agent: Christopher Twist
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Melbourne Retail Investment Opportunity
This property presents an investment opportunity located at 3555 W. New Haven Avenue in Melbourne, Florida. The property includes a 25,531 square foot retail building on a 3.43-acre lot. The property is leased to Northern Tool + Equipment on a long-term lease with minimal landlord responsibilities and scheduled rental increases. Situated along Highway 192, a retail corridor, the property benefits from national co-tenancy and proximity to the Space Coast Town Centre development, a 170-acre mixed-use community. Melbourne, Florida, is experiencing economic growth, driven by aerospace and technology employers such as SpaceX, Lockheed Martin, and Blue Origin. The property offers a combination of location, strong tenancy, and future income growth in a rapidly expanding market. Recent capital improvements have been made to the property. The lease structure is strong.
Location Intelligence
Current Use by Public Records
Northern Tool + Equipment
Tool Store
Location Insight
- Map
- Local Demand
- City
- Melbourne
- County
- Brevard
- State
- Florida
- Longitude
- -80.6824658
- Latitude
- 28.0781232
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FAQs
What type of property is this?
Retail space - Retail property in a dynamic growth market with long-term lease.
Where is this retail space located?
The property is located at 3555 W New Haven Ave Melbourne, FL.
What is the asking price?
The asking price for this property is $5,699,485.
What are key features of this property?
This property features: - Long-term lease to Northern Tool + Equipment provides stable income.; - Located in a high-growth area of Melbourne, Florida, driven by aerospace and technology industries.; - Prime location on Highway 192, a busy retail corridor.