Two-Tenant NNN Pad
For Sale
Contact for pricing
Pending
2322 Harnett Drive, Melbourne, FL 32940
Corporate-guaranteed tenants occupy a signalized corner site with extension options and expense reimbursements.
Property SizeContact for details
Days on Market142
Property Features for 2322 Harnett Drive
General Information
Standard status
Pending
Property subtype
Retail, Land
Site & Location
Corner Location
Yes
Traffic Count
18,500 vehicles/day
Highway Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed By:
Matthew Mousavi · License #CA 01732226
Source:
Crexi
Added: Apr 10
Changed: Aug 29
Last Checked: Aug 29 at 6:01PM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
This two-tenant pad property is occupied by Chipotle Mexican Grill of Colorado, LLC and Mattress Firm, Inc. Each tenant has more than 4 years remaining in its current term, with options to extend and corporate guarantees. Tenants reimburse taxes, insurance, and CAM, while Mattress Firm recently reset its rent at the location following bankruptcy.
The property occupies the signalized intersection of Colonnade Ave and Lake Andrew Drive in Viera, with reported traffic of 18,500 cars per day. Interstate 95 is one mile away and carries 55,000 cars per day, with nearby direct on- and off-ramp access. Adjacent retail and entertainment centers total over 1MM SF, including The Avenue Viera and Shoppes at Lake Andrew. The surrounding area includes a 525,000 SF open power center, a 336,000 SF shopping center anchored by a 24-hour Walmart Supercenter, and two apartment complexes totaling 554 multifamily units.
The property occupies the signalized intersection of Colonnade Ave and Lake Andrew Drive in Viera, with reported traffic of 18,500 cars per day. Interstate 95 is one mile away and carries 55,000 cars per day, with nearby direct on- and off-ramp access. Adjacent retail and entertainment centers total over 1MM SF, including The Avenue Viera and Shoppes at Lake Andrew. The surrounding area includes a 525,000 SF open power center, a 336,000 SF shopping center anchored by a 24-hour Walmart Supercenter, and two apartment complexes totaling 554 multifamily units.
Key Highlights
- Two‑tenant pad occupied by Chipotle Mexican Grill of Colorado, LLC and Mattress Firm, Inc.
- Each tenant has more than 4 years remaining, with options to extend and corporate guarantees
- Tenants reimburse taxes, insurance, and CAM
Property Analytics
Current Use
Lease Details
18,500 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
554
Businesses Nearby
800k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 21%
Shops & Services 17%
Superstores 16%
Dining 14%
Walmart
Superstores
125,615 visits/mo
0.4 miles
HomeGoods
Home Improvements & Furnishings
53,398 visits/mo
0.0 miles
Hobby Lobby
Shops & Services
43,606 visits/mo
0.5 miles
Total Wine & More
Groceries
40,725 visits/mo
0.1 miles
T.J. Maxx
Apparel
35,403 visits/mo
0.0 miles
Demographics for 32940, FL
44,869
Population
21,433
Households
2.1
Avg Household Size
51
Median Age
52%
College-Educated
97%
High-School Grad
57.3 sq mi
ZIP Area
783
Density / Sq Mi
$106,511
Median Household Income
$56,072
Median Earnings
$1,904
Median Rent
$444,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Corporate-guaranteed tenants occupy a signalized corner site with extension options and expense reimbursements.
Where is this nnn property located?
The property is located at 2322 Harnett Drive Melbourne, FL.
What are key features of this property?
This property features: Two‑tenant pad occupied by Chipotle Mexican Grill of Colorado, LLC and Mattress Firm, Inc.; Each tenant has more than 4 years remaining, with options to extend and corporate guarantees; Tenants reimburse taxes, insurance, and CAM
