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Listed By: Gavin Walsh Show Phone

Source: Atlanticretail

Added: Jun 2 Changed: Sep 2 Last Checked: Oct 14 at 9:41PM

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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 Gavin Walsh

Investment Insights

Based on property information with market context.

Retail space is available within Hammock Landing at 205 Palm Bay Rd. The property information identifies the asset for rent and provides the Hammock Landing name and Palm Bay Road address.

Key Highlights

• Retail space available for rent
• Located within Hammock Landing
• Address: 205 Palm Bay Rd

Property Analytics

Current Use

Marshalls Department Store Emmanuel Acheampong, DMD Dental Office Maximillian Iurcovich, DMD Dental Office Ballet Lourdes V ... Dental Office Araya Jennifer DDS Dental Office

Suggested Use

Top Pick Building Supply Law Firm Auto Repair Shop Real Estate Agency Big Box & Wholesale Store Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

568

Businesses Nearby

855k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 27% Apparel 24% Shops & Services 21% Superstores 12%

Target Superstores

106,718 visits/mo 0.3 miles

Publix Groceries

63,594 visits/mo 0.2 miles

Kohl's Apparel

56,404 visits/mo 0.1 miles

Academy Sports + Outdoors Apparel

50,303 visits/mo 0.3 miles

Marshalls Apparel

46,184 visits/mo 0.1 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

Lease Benchmarks for Melbourne, FL

$16.25 /SF/Yr

Avg Asking Price

$1.13–$46.71 /SF/Yr

Price Range

11,116 SF

Avg Space Size

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space identified at 205 Palm Bay Rd within Hammock Landing.

Where is this retail space located?

The property is located at Hammock Landing 205 Palm Bay Rd Melbourne, FL.

What are key features of this property?

This property features: Retail space available for rent; Located within Hammock Landing; Address: 205 Palm Bay Rd