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Retail Space in Prime Location
For Lease
$24 SF/Yr

231 West Hibiscus Boulevard, Melbourne, FL 32901

1,800 SF retail space with high visibility and ample parking.

Space Size1,800 SF
Property Size15,432 SF
Days on Market155

Property Features for 231 West Hibiscus Boulevard

General Information

Standard status Active
Size 1,800 SF
Property subtype Retail
Lease Term MG

Building Details

Building Size 15,432 SF

Spaces For Lease

at 231 West Hibiscus Boulevard Contact us

Unit 235 $24/SF/Yr

Size
1,800 SF
Type
Street Retail
Term
Negotiable
Contact us
Listing Agency: Lightle Beckner Robison, Inc.
Listed By: Vitor De Sousa, CCIM · License #FL #BK3478927
Source: Teamlbr
Added: Apr 8 Changed: Sep 7 Last Checked: Sep 9 at 5:23AM

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 Lightle Beckner Robison, Inc.

Investment Insights

Based on property information with market context.

Located at 231 West Hibiscus Boulevard in Melbourne, Florida, this property offers approximately 1,800 square feet of open, versatile retail space. The unit features a glass frontage, providing high visibility. Ample parking is available both at the front and behind the building. The adaptable layout and strategic location make this property suitable for a variety of retail uses, offering a prominent and accessible retail space.

Key Highlights

  • Strategic location in the heart of Melbourne.
  • Approximately 1,800 SF of open, versatile space.
  • Ample parking available at the front and behind the building.

Property Analytics

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Current Use

Terra Craft Sandwiches Take-out & Catering

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Storage Facility Electrical Service Locksmith

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
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,430
Businesses Nearby
190k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 33% Shops & Services 26% Groceries 19% Superstores 12%
Publix Groceries
35,914 visits/mo 0.4 miles
McDonald's Dining
32,737 visits/mo 0.2 miles
Big Lots Superstores
22,098 visits/mo 0.5 miles
Dollar Tree Shops & Services
16,342 visits/mo 0.4 miles
7-Eleven Shops & Services
11,383 visits/mo 0.3 miles

Demographics for 32901, FL

26,286
Population
13,241
Households
2
Avg Household Size
46
Median Age
31%
College-Educated
90%
High-School Grad
12.1 sq mi
ZIP Area
2,172
Density / Sq Mi
$50,646
Median Household Income
$31,929
Median Earnings
$1,349
Median Rent
$244,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Melbourne, FL

$19.36 /SF/Yr
Avg Asking Price
$1.61–$46.71 /SF/Yr
Price Range
13,724 SF
Avg Space Size

This space is priced 24% above the average of $19.36 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Retail space - 1,800 SF retail space with high visibility and ample parking.
Where is this retail space located?
The property is located at 231 West Hibiscus Boulevard Melbourne, FL.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Strategic location in the heart of Melbourne.; Approximately 1,800 SF of open, versatile space.; Ample parking available at the front and behind the building.
More about this property
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