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New Retail Space in Palm Bay
For Lease
$21 SF/Yr

1922 NE Palm Bay Rd, Palm Bay, FL 32905

New construction retail space with build-to-suit options.

Space SizeContact for details
Property Size10,000 SF
Days on Market108

Property Features for 1922 NE Palm Bay Rd

General Information

Standard status Active
Size 10,000 SF
Property subtype Commercial

Building Details

Building Size 10,000 SF
Units 10
Listing Agency: Engel & Völkers Hutchinson Island
Listed By: Richard Angelo Bettencourt · License #B26013278
Source: Elliman
Added: Apr 24 Changed: Aug 8 Last Checked: Aug 8 at 11:16AM

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 Engel & Völkers Hutchinson Island

Investment Insights

Based on property information with market context.

This is a leasing and sale opportunity for a Class A property in Palm Bay. The freestanding 10,000-square-foot new build offers potential build-to-suit options for an end-user or a user with multi-tenant build-to-suit needs. The property features retail space with the potential for 10 bays in a vanilla shell finish, with water and electric stubbed in for each unit. The property benefits from heavy traffic counts on Palm Bay Road.

Key Highlights

  • New 10,000 sq ft freestanding building.
  • Build‑to‑suit opportunity for end‑user or multi‑tenant configuration.
  • Retail space with potential for 10 bays.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Bakery Locksmith Plumbing Service

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

Lease Details

NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

368
Businesses Nearby
136k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 39% Superstores 35% Dining 25% Beauty & Spa 1%
BJ's Wholesale Club Superstores
47,723 visits/mo 0.3 miles
BJ's Gas Shops & Services
37,702 visits/mo 0.3 miles
Cracker Barrel Old Country Store Dining
24,541 visits/mo 0.2 miles
7-Eleven Shops & Services
11,615 visits/mo 0.2 miles
7 Brew Coffee Dining
9,044 visits/mo 0.3 miles

Demographics for 32905, FL

26,064
Population
12,635
Households
2.1
Avg Household Size
45
Median Age
27%
College-Educated
91%
High-School Grad
9.7 sq mi
ZIP Area
2,687
Density / Sq Mi
$56,671
Median Household Income
$31,688
Median Earnings
$1,361
Median Rent
$206,200
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - New construction retail space with build-to-suit options.
Where is this retail space located?
The property is located at 1922 NE Palm Bay Rd Palm Bay, FL.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: New 10,000 sq ft freestanding building.; Build‑to‑suit opportunity for end‑user or multi‑tenant configuration.; Retail space with potential for 10 bays.
More about this property
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