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Retail Suite with Floor Drain
For Lease
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299 N Babcock St, Melbourne, FL 32935

Retail suite at Babcock Square suited for beverage and café concepts with existing floor drain and onsite parking.

Space Size1,428 SF
Days on Market52

Property Features for 299 N Babcock St

General Information

Standard status Active
Size 1,428 SF
Property subtype Retail
Zoning C-2

Building Details

Building Size 1,428 SF
Tenancy Single

Spaces For Lease

at 299 N Babcock St Contact us

#299

Size
1,428 SF
Type
Retail
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: JM Real Estate, Inc.
Listed By: Shey Anderson · License #FL 3435883
Source: Crexi
Added: Jul 1 Changed: Aug 8 Last Checked: Aug 20 at 12:24AM

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 JM Real Estate, Inc.

Investment Insights

Based on property information with market context.

Babcock Square Unit #299 is a 1,428 SF retail suite available for lease. The space is well positioned for beverage-focused concepts, with an existing floor drain already in place. The unit has been used previously as a kava bar, supporting a straightforward fit for café, coffee shop, smoothie bar, juice bar, or similar retail beverage uses.

The suite is located at 299 N Babcock St in Melbourne, within Babcock Square. The property provides ample onsite parking to support customer access, and it is served by C-2 zoning that can accommodate a range of retail, office, and service uses.

This configuration can work well for operators seeking a ready-to-tenant beverage environment with the practical benefit of a floor drain. With C-2 zoning allowing both retail and service-oriented activity, the space offers flexibility for appropriate concepts, subject to applicable requirements under the zoning and lease terms.

Key Highlights

  • 1,428 SF retail suite for lease at Babcock Square, 299 N Babcock St, Melbourne, FL
  • Former kava bar space with existing floor drain, suitable for beverage and café concepts
  • Lease rate: $18.00/SF Modified Gross

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store HVAC Service Veterinary Clinic Electrical Service Tanning Salon

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

702
Businesses Nearby
30k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 60% Dining 40%
SONIC Drive In Dining
12,212 visits/mo 0.3 miles
Toyota Of Melbourne Shops & Services
7,833 visits/mo 0.5 miles
Chevron Shops & Services
5,381 visits/mo 0.3 miles
BP Shops & Services
5,070 visits/mo 0.3 miles

Demographics for 32935, FL

41,837
Population
20,338
Households
2.1
Avg Household Size
44
Median Age
28%
College-Educated
94%
High-School Grad
13.1 sq mi
ZIP Area
3,194
Density / Sq Mi
$63,841
Median Household Income
$38,094
Median Earnings
$1,404
Median Rent
$240,500
Median Home Value

Market

Lease Benchmarks for Melbourne, FL

$6.67 /SF/Yr
Avg Asking Price
$1.61–$14 /SF/Yr
Price Range
12,255 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 suite at Babcock Square suited for beverage and café concepts with existing floor drain and onsite parking.
Where is this retail space located?
The property is located at 299 N Babcock St Melbourne, FL.
What are key features of this property?
This property features: 1,428 SF retail suite for lease at Babcock Square, 299 N Babcock St, Melbourne, FL; Former kava bar space with existing floor drain, suitable for beverage and café concepts; Lease rate: $18.00/SF Modified Gross
More about this property
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