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1545 Palm Bay Rd Melbourne, FL 32905

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For Sale
$2,902,090

Long-term NNN leased Applebee's in a growing Florida market.

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Listing Contact
Doug Aronson
Doug Aronson
Source: Slnusbaum

Listing Agency: S.L. Nusbaum Realty Co Listing Agent: Doug Aronson

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Established Applebee's in Melbourne, Florida

The Applebee’s Neighborhood Grill + Bar property is available for sale. Operating at 1545 Palm Bay Road in Melbourne, Florida, since 1993, this location is a well-established, nationally recognized casual dining brand. The property benefits from an absolute NNN lease and fee simple ownership. The operator is experienced with over 110 units. Melbourne, a principal city in Brevard County, Florida, has a population of approximately 85,000. It is part of the Palm Bay–Melbourne–Titusville Metropolitan Statistical Area, which has a population exceeding 600,000 and benefits from steady population and employment growth. Florida has no state income tax.
Location Intelligence

Current Use by Public Records

Applebee's Grill + Bar Restaurant

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Young's Buffet

Location Insight

  • Map
  • Local Demand
City
Melbourne
County
Brevard
State
Florida
Longitude
-80.6254081
Latitude
28.0355664

FAQs

What type of property is this?
Conventional restaurant - Long-term NNN leased Applebee's in a growing Florida market.
Where is this conventional restaurant located?
The property is located at 1545 Palm Bay Rd Melbourne, FL.
What is the asking price?
The asking price for this property is $2,902,090.
What are key features of this property?
This property features: - Absolute NNN lease; - Long history of operation in same location since 1993; - Experienced Applebee’s operator with over 110 units
More about this property
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