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Melbourne Gas Station Investment Opportunity

601 S Babcock St, Melbourne, FL

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For Sale

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New gas station with convenience store near Melbourne International Airport.

Type:RETAIL

Property size:

1,585 SF

Lot size:

0.68 Acres

Price / SF:

$2,397/SF

Contact for Pricing

Please call us for current price
and status of this listing

David Rosenthal

Real Estate License ID: BK3076744

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.
Attractive cap rates: 7.3% in 2025, increasing to 10% in 2040, with a 9% average over 20 years.
20‑year pure NNN lease with two 5‑year options.
100% bonus depreciation.

For Sale

Contact for pricing

New gas station with convenience store near Melbourne International Airport.

Type:RETAIL

Property size:

1,585 SF

Lot size:

0.68 Acres

Price / SF:

$2,397/SF

Added:: Nov 27, 2025
Days on Market:: 195
Last Refresh:: May 20 at 8:33 pm

Property Features for 601 S Babcock St

General Information

Standard status: Active
Size: 1,585 SF
Lot size: 0.68 Acres
Property subtype: RETAIL

We can help!

Listing Contact

David Rosenthal

Listing agent David Rosenthal License #BK3076744

Listing office Grimaldi Commercial Realty Corp

Listing date Nov 27, 2025

Source Moodyscre

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

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.
Attractive cap rates: 7.3% in 2025, increasing to 10% in 2040, with a 9% average over 20 years.
20‑year pure NNN lease with two 5‑year options.
100% bonus depreciation.

Overview

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.

Property Profile Location Intelligence

Current Use by Public Records

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

Location Insight

Map
Local Demand

City: Melbourne
County: Brevard
State: Florida
Longitude: -80.6214
Latitude: 28.0984

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For sale
Gas stations
FL
Melbourne
601 S Babcock St

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 $3,800,000.

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.

601 S Babcock St, Melbourne, FL

New gas station with convenience store near Melbourne International Airport.

Property Features for 601 S Babcock St

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Restaurant Space in Avenue Viera

Established Italian Restaurant Opportunity

Two Office Buildings on US1

Updated Medical Office in Melbourne

Commercial Building on Highway 1

Mixed-Use Commercial Building with Loading Dock

Established Restaurant in High-Traffic Plaza

Restored Multifamily in Arts District

Melbourne, FL Commercial Property

Small Office Building with Garage

Highway Frontage Retail Opportunity

Duplex Live-Work Property

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