Signalized-Corner Shopping
For Sale
Contact for pricing
5275 Babcock St NE, Palm Bay, FL 32905
Multi-tenant retail center with national and local service-oriented tenants.
Property SizeContact for details
Days on Market144
Property Features for 5275 Babcock St NE
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Marcus & Millichap - Miami
(786) 522-7000
Listed By:
Kirk D. Olson · License #FL 3113669
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 29 at 1:59PM
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 Marcus & Millichap - Miami
Investment Insights
Based on property information with market context.
Country Club Shoppes is a 51,954-square-foot shopping center on 6.46 acres at 5275 Babcock St NE in Palm Bay, Florida. The center occupies a signalized intersection and includes national retailer Aaron’s Rents alongside local businesses serving educational, restaurant, laundry, and salon uses. Three bays remain vacant, providing additional leasing capacity within the existing configuration.
The property benefits from access from multiple directions and reported combined daily traffic exceeding 50,000 vehicles. Walgreens and PNC Bank occupy and own the adjacent outparcels, while a 150,000-square-foot shopping center with Winn Dixie and Bealls Outlet is located across the street. Existing tenant stability is reflected in a 93 percent renewal-option exercise rate.
The property benefits from access from multiple directions and reported combined daily traffic exceeding 50,000 vehicles. Walgreens and PNC Bank occupy and own the adjacent outparcels, while a 150,000-square-foot shopping center with Winn Dixie and Bealls Outlet is located across the street. Existing tenant stability is reflected in a 93 percent renewal-option exercise rate.
Key Highlights
- 51,954‑square‑foot shopping center on 6.46 acres
- Signalized intersection at South Babcock Street and Port Malabar Road Northeast
- Combined daily traffic count of over 50,000 vehicles per day
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
392
Businesses Nearby
1k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 56%
Home Improvements & Furnishings 44%
Extra Space Storage
Shops & Services
603 visits/mo
0.3 miles
City Electric Supply
Home Improvements & Furnishings
472 visits/mo
0.4 miles
Demographics for 32905, FL
26,064
Population
12,635
Households
2.1
Avg Household Size
45
Median Age
27%
College-Educated
91%
High-School Grad
9.7 sq mi
ZIP Area
2,687
Density / Sq Mi
$56,671
Median Household Income
$31,688
Median Earnings
$1,361
Median Rent
$206,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Arlington Pines Plaza — 2040 palm bay rd ne, palm bay, fl 32905
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Frequently Asked Questions
What type of property is this?
Shopping center - Multi-tenant retail center with national and local service-oriented tenants.
Where is this shopping center located?
The property is located at 5275 Babcock St NE Palm Bay, FL.
What are key features of this property?
This property features: 51,954‑square‑foot shopping center on 6.46 acres; Signalized intersection at South Babcock Street and Port Malabar Road Northeast; Combined daily traffic count of over 50,000 vehicles per day
