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Equipped Restaurant Space

2040 Palm Bay Road NE #1, Palm Bay, FL 32905

For Lease
$3,000/Mo

The premises include kitchen equipment, customer seating, and utility service for restaurant operations.

Space Size746 SF
Days on Market450

Property Features for 2040 Palm Bay Road NE #1

General Information

Standard status Active
Size 746 SF
Net Rentable 746 SF

Space & Availability

Available Space 746 SF
Contiguous Space 746 SF
Space Use Restaurant
Furnished Yes

Site & Location

Traffic Count 34,000 vehicles/day
Highway Access Yes
Road Access Yes
Utilities to Site Yes

Restaurant

Seating Capacity 28
Grease Trap Yes
Patio Yes
Equipment Included Yes
Second-Generation Restaurant Yes

Taxes and HOA fees

Annual Taxes $970

Building Details

Building Size 746 SF
Year Built 1978
Stories 1
Listing Agency: The Ullian Realty Corporation
Listed By: Zachary Michael Ullian
Source: Imperviousrealestate
Added: Aug 21, 2025 Changed: Nov 12 Last Checked: Nov 13 at 12:23AM

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 The Ullian Realty Corporation

Rey
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Investment Insights

Based on property information with market context.

This 746-square-foot restaurant space is arranged with approximately equal areas for kitchen and food preparation and customer seating. Interior finishes include tile flooring and a drop ceiling, with one restroom. Included equipment comprises two pizza ovens, a three-compartment sink, a Square POS system, and an under-sink grease trap. Seating accommodates 12 indoors and an additional 16 outdoors. Utility service includes city water and sewer, FPL electric, and piped underground natural gas from FL City Gas.

The space fronts Palm Bay Road NE in Palm Bay, a connector between Minton Road, I-95, and US 1. Estimated traffic exposure is 34,000 vehicles per day. Nearby employers named in the property information include L3Harris, Leonardo DRS, and Nightwing; schools, apartments, retail, and dining are also in the surrounding area.

Key Highlights

  • 746 SF with an estimated 50% kitchen/prep area and 50% customer seating
  • Includes 2 pizza ovens, a 3 compartment sink, Square POS system, and under sink grease trap
  • Seating for 12 indoors plus 16 outdoors; 1 restroom

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Pharmacy Parking Lot & Garage Food Market

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

34,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Yes
Grease trap
NNN (Triple Net)
Lease Type
$7.24 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,191
Businesses Nearby
79k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 46% Groceries 45% Dining 6% Electronics 2%
Publix Groceries
35,401 visits/mo 0.5 miles
Cumberland Farms Shops & Services
17,336 visits/mo 0.5 miles
7-Eleven Shops & Services
6,554 visits/mo 0.1 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

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
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Market

Average Price Trend$/SF/Yr for Conventional restaurants in Brevard County, FL

$30.05 Jul
$25.03 Aug
$23.58 Sep
$21.51 Oct

Properties on Market for Conventional restaurants in Brevard County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Similar Off Market Nearby

  • Young's Buffet — 4700 Babcock St NE #27, Palm Bay, FL 32905

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The premises include kitchen equipment, customer seating, and utility service for restaurant operations.
Where is this conventional restaurant located?
The property is located at 2040 Palm Bay Road NE #1 Palm Bay, FL.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: 746 SF with an estimated 50% kitchen/prep area and 50% customer seating; Includes 2 pizza ovens, a 3 compartment sink, Square POS system, and under sink grease trap; Seating for 12 indoors plus 16 outdoors; 1 restroom
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