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Melbourne Gas Station Investment Opportunity
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601 S Babcock St, Melbourne, FL

New gas station with convenience store near Melbourne International Airport.

Property Size1,585 SF
Lot Size0.68 Acres
Price / SF$2,271
Days on Market287

Property Features for 601 S Babcock St

General Information

Standard status Active
Size 1,585 SF
Lot size 0.68 Acres
Property subtype RETAIL
Listing Agency: Grimaldi Commercial Realty Corp
Listed By: David Rosenthal · License #SL3346176
Source: Moodyscre
Added: Nov 27, 2025 Changed: Aug 12 Last Checked: Sep 10 at 12:49PM

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 Grimaldi Commercial Realty Corp

Investment Insights

Based on property information with market context.

This property features a new gas station with 12 pumps and a signature "Go market" convenience store. The property is located directly across the street from the Melbourne International Airport. It is under a 20-year pure NNN lease with two 5-year options. The lease structure eliminates all landlord responsibilities. The property offers a 7.3% cap rate in 2025, an 8% cap rate in 2030, a 9% cap rate in 2035, and a 10% cap rate in 2040, with a 9% average 20-year cap rate in 2045. The property size is 1585 square feet.

Key Highlights

  • Absolute pure NNN lease structure eliminates all landlord responsibilities.
  • Located directly across the street from Melbourne International Airport.
  • New 12‑pump Mobil gas station with signature "Go Market" c‑store.

Property Analytics

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Current Use

BP (Bike/Boat/Book/etc) Store Benzena Capital Enterprise Construction Company Re-Up Grocery & Convenience Store ATM Atm Pit Stop Oil ... Auto Repair Shop

Suggested Use

Top Pick Storage Facility Bakery Grocery & Convenience Store Electrical Service Veterinary Clinic Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

917
Businesses Nearby
28k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 64% Shops & Services 29% Beauty & Spa 7%
SONIC Drive In Dining
12,212 visits/mo 0.1 miles
Hooters Dining
5,413 visits/mo 0.3 miles
BP Shops & Services
5,070 visits/mo 0.1 miles
TD Bank Shops & Services
3,078 visits/mo 0.4 miles
Salon Centric Beauty & Spa
1,883 visits/mo 0.3 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Gas station - New gas station with convenience store near Melbourne International Airport.
Where is this gas station located?
The property is located at 601 S Babcock St Melbourne, FL.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: Absolute pure NNN lease structure eliminates all landlord responsibilities.; Located directly across the street from Melbourne International Airport.; New 12‑pump Mobil gas station with signature "Go Market" c‑store.
(813) 245-7333 Call to check price and availability
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