Neighborhood Strip Center with Road
For Sale
Contact for pricing
397 N Wickham Road, Melbourne, FL 32935
88% occupied, multi-tenant neighborhood strip center with direct frontage on Wickham Road and multiple ingress/egress points.
Property Size55,200 SF
Days on Market122
Property Features for 397 N Wickham Road
General Information
Standard status
Active
Size
55,200 SF
Property subtype
Retail
Occupancy
88%
Site & Location
Traffic Count
35,000 vehicles/day
Road Access
Yes
Building Details
Year Built
2002
Construction
concrete block
Tenancy
Multi
Listing Agency:
FL Retail Advisors
(407) 404-1846
Listed By:
Brian Capo · License #FL SL3267919
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 1:54PM
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 FL Retail Advisors
Investment Insights
Based on property information with market context.
Wickham Commons, at 397 N Wickham Road in Melbourne, Florida, offers fee simple ownership of an 88%-occupied, multi-tenant, unanchored neighborhood strip center. The property consists of four buildings totaling 55,200 leaseable square feet. Originally built in 2002, with additional buildings completed in 2006 and 2008, the center is constructed of concrete block with fully finished stucco facades.
Wickham Commons sits on the southeastern corner of Wickham Road and Wright Avenue, providing multiple ingress/egress points and direct frontage on Wickham Road with visibility to over 35,000 vehicles per day. The center is directly across the street from a 199-bed hospital, supporting medical-tenant demand as reflected in the current rent roll. Four buildings are currently covered by gross structured leases across the portfolio, and the offering includes approximately 6,400 square feet of available space.
Wickham Commons sits on the southeastern corner of Wickham Road and Wright Avenue, providing multiple ingress/egress points and direct frontage on Wickham Road with visibility to over 35,000 vehicles per day. The center is directly across the street from a 199-bed hospital, supporting medical-tenant demand as reflected in the current rent roll. Four buildings are currently covered by gross structured leases across the portfolio, and the offering includes approximately 6,400 square feet of available space.
Key Highlights
- Wickham Commons in Melbourne, FL: 88% occupied, multi‑tenant, unanchored neighborhood strip center
- Four buildings totaling 55,200 SF leaseable space: built in 2002 with additional construction in 2006 and 2008
- Concrete block construction with fully finished stucco facades
Property Analytics
Current Use
Lease Details
35,000 VPD
Traffic count
88%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
545
Businesses Nearby
4k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 72%
Home Improvements & Furnishings 28%
Jimmy John's
Dining
3,158 visits/mo
0.4 miles
Sherwin-Williams Paint Store
Home Improvements & Furnishings
712 visits/mo
0.2 miles
Sherwin-Williams Paint Store
Home Improvements & Furnishings
507 visits/mo
0.2 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
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Coin Cloud Bitcoin ATM — 440 S Wickham Rd, Melbourne, FL 32904
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Frequently Asked Questions
What type of property is this?
Shopping center - 88% occupied, multi-tenant neighborhood strip center with direct frontage on Wickham Road and multiple ingress/egress points.
Where is this shopping center located?
The property is located at 397 N Wickham Road Melbourne, FL.
What are key features of this property?
This property features: Wickham Commons in Melbourne, FL: 88% occupied, multi‑tenant, unanchored neighborhood strip center; Four buildings totaling 55,200 SF leaseable space: built in 2002 with additional construction in 2006 and 2008; Concrete block construction with fully finished stucco facades
