Office and Retail
2539 Palm Bay Rd. NE Palm Bay, FL 32905
2539 Palm Bay Rd. NE, Palm Bay, FL, 32905
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For Sale
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Move-in ready office and retail suites with landlord-supported monument and facade signage.
Property Size7,308 SF
Price / SF$176.52
Days on Market56
Property Features for 2539 Palm Bay Rd. NE
General Information
- Standard status
- Active
- Size
- 7,308 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 2009
Listing agency
Charles A. Von Stein, Inc
Listed by
Kirk Von Stein · License #FL
Source
Crexi
Added: May 27 Updated: Jul 10 at 3:59PM Checked: Jul 19 at 8:03AM
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 Charles A. Von Stein, Inc
Investment Insights
Based on property information with market context.
This property offers office and retail suites presented in excellent condition and available for immediate occupancy. The available space is configured for flexible use between professional office needs and retail presentations, with the building supporting both product- and service-oriented operations.
The landlord provides visibility support through a facade sign and a monument sign, helping identify the property for arriving tenants and customers. This signage package can be a practical advantage for businesses that rely on storefront awareness.
For prospective tenants or buyers, the mix of office and retail suite options makes the building relevant for teams that want to operate on-site with a commercial presence, or for investors seeking a property that can accommodate multiple business types. With immediate occupancy and active signage support from the landlord, it supports straightforward transition plans and reduces lead-time for an operating business.
The landlord provides visibility support through a facade sign and a monument sign, helping identify the property for arriving tenants and customers. This signage package can be a practical advantage for businesses that rely on storefront awareness.
For prospective tenants or buyers, the mix of office and retail suite options makes the building relevant for teams that want to operate on-site with a commercial presence, or for investors seeking a property that can accommodate multiple business types. With immediate occupancy and active signage support from the landlord, it supports straightforward transition plans and reduces lead-time for an operating business.
Key Highlights
- Office and retail suites available for immediate occupancy
- Year built: 2009
- Landlord pays for the facade sign and monument sign
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $157.9k | $21.60 |
| − Vacancy | −$25.3k | −$3.46 |
| EGI | $132.6k | $18.14 |
| − OpEx | −$33.1k | −$4.54 |
| NOI | $99.4k | $13.61 |
7,308 SF · lease $21.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.42M
$1.24M – $1.66M
NOI $99,447 @ 7.0% cap · market cap 7.71%
Second Best
Retail
$1.20M
$1.05M – $1.40M
NOI $84,254 @ 7.0% cap · market cap 6.53%
Theoretical Best
Office A
$1.93M
$1.69M – $2.25M
NOI $134,964 @ 7.0% cap · market cap 10.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Office units - Move-in ready office and retail suites with landlord-supported monument and facade signage.
Where is this office units located?
The property is located at 2539 Palm Bay Rd. NE Palm Bay, FL.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: Office and retail suites available for immediate occupancy; Year built: 2009; Landlord pays for the facade sign and monument sign
