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

1922 NE Palm Bay Road, Palm Bay, FL 32905

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

Space SizeContact for details
Days on Market184

Property Features for 1922 NE Palm Bay Road

General Information

Standard status Active
Property subtype Commercial

Amenities

Central air
Metal Roof
Central Air Cooling
Central Heating
Common
Concrete Flooring
Phases3
Tile Flooring
Volts220
Listing Agency: ENGEL & VOELKERS HUTCHINSON IS
Listed By: RICHARD ANGELO BETTENCOURT · License #F10556324
Source: Corcoran
Added: Mar 5 Changed: Sep 4 Last Checked: Sep 5 at 9:19AM

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 & VOELKERS HUTCHINSON IS

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

1,175
Businesses Nearby
55k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 64% Shops & Services 28% Dining 6% Home Improvements & Furnishings 1%
Publix Groceries
35,401 visits/mo 0.4 miles
7-Eleven Shops & Services
6,554 visits/mo 0.2 miles
U-Haul Moving & Storage of Palm Bay Shops & Services
5,137 visits/mo 0.4 miles
Osaka Sushi Dining
3,462 visits/mo 0.3 miles
Truist Shops & Services
2,128 visits/mo 0.5 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 Road 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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