Listing Agency: Rocket City Commercial, Brokered by eXp Commercial l***@expcommercial.com Show Phone

Listed By: Lisa Earnhardt · License #• SL3439689 Show Phone

Source: Expcommercial

Added: Jun 9 Changed: Aug 27 Last Checked: Aug 29 at 5:45AM

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Investment Insights

Based on property information with market context.

2922 W New Haven Avenue presents a freestanding retail opportunity featuring a standalone building with direct frontage and direct parking in front. The property is a 3,563 SF building and also notes potential additional rear parking, along with dedicated parking access via an adjacent property.

Positioned along the W New Haven Avenue/US-192 corridor, the remarks cite approximately 37,000 AADT, supporting visibility to the area’s established retail traffic. The location is described as conveniently accessible to I-95 and near Melbourne Square Mall.

The tenant mix in the surrounding retail area includes Target, Lowe’s, Home Depot, and other shopping centers, and the space is noted as suitable for showroom and service retail uses such as home improvement, furniture, flooring, cabinets, and specialty retail.

Key Highlights

• Freestanding retail building totaling 3,563 SF with direct frontage on W New Haven Ave/US‑192.
• Located on Melbourne’s busy US‑192 corridor with AADT traffic count of 37,000.
• Direct parking in front of the building, with potential additional rear parking.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Storage Facility Auto Parts Store Auto Repair Shop (Bike/Boat/Book/etc) Store Electrical 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

37,000 VPD

Traffic count

Yes

Highway access

Yes

Paved road access

NNN (Triple Net)

Lease Type

$2.70 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

709

Businesses Nearby

349k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Superstores 24% Home Improvements & Furnishings 23% Dining 22% Shops & Services 21%

Target Superstores

82,763 visits/mo 0.2 miles

The Home Depot Home Improvements & Furnishings

35,822 visits/mo 0.1 miles

Lowe's Home Improvements & Furnishings

34,898 visits/mo 0.4 miles

Wawa Shops & Services

34,635 visits/mo 0.3 miles

Olive Garden Dining

27,984 visits/mo 0.4 miles

Demographics for 32904, FL

35,399

Population

15,117

Households

2.3

Avg Household Size

44

Median Age

40%

College-Educated

94%

High-School Grad

217.1 sq mi

ZIP Area

163

Density / Sq Mi

$86,943

Median Household Income

$42,451

Median Earnings

$1,763

Median Rent

$334,400

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Freestanding retail building with direct front parking along W New Haven Avenue/US-192, supporting strong daily traffic exposure.

Where is this retail space located?

The property is located at 2922 West New Haven Avenue Melbourne Village, FL.

What is the lease rate?

The lease rate is $18 SF/Yr.

What are key features of this property?

This property features: Freestanding retail building totaling 3,563 SF with direct frontage on W New Haven Ave/US‑192.; Located on Melbourne’s busy US‑192 corridor with AADT traffic count of 37,000.; Direct parking in front of the building, with potential additional rear parking.