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Neighborhood Shopping Center Retail Space
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765 S Babcock E, Melbourne, FL 32901

Neighborhood shopping center with multiple access points, pylon signage, and parking ratio of 4.7 per 1,000 SF.

Property Size1,600 SF
Days on Market331

Property Features for 765 S Babcock E

General Information

Standard status Active
Size 1,600 SF
Property subtype RETAIL

Amenities

Pylon signage
Multiple points of access

Building Details

Building Size 168,737 SF
Listing Agency: Kimco Realty - Corporate
Listed By: Spencer Phelps · License #SL3603764
Source: Moodyscre
Added: Sep 3, 2025 Changed: Jul 29 Last Checked: Jul 29 at 6:30AM

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 Kimco Realty - Corporate

Investment Insights

Based on property information with market context.

This neighborhood shopping center totals 168,737 SF and offers retail storefront space within a multi-access site. The center includes pylon signage and a parking ratio of 4.7 vehicles per 1,000 SF, designed to support convenient customer arrival and circulation.

The property is located at the intersection of Nasa Blvd and Babcock St, with exposure to approximately 40,000 vehicles daily. It sits across the street from Keiser University’s Melbourne Campus, which enrolls over 3,000 students, and is minutes from US Highway 1, Orlando-Melbourne International Airport, Melbourne Square Mall, and Melbourne High School. The surrounding customer base is supported by more than 500 people employed by Radial.

Multiple points of access further support flexibility for tenants and day-to-day operations.

Key Highlights

  • 168,737 SF neighborhood shopping center
  • Located at Nasa Blvd & Babcock St with exposure to approximately 40,000 vehicles daily
  • Across from Keiser University’s Melbourne Campus (over 3,000 students)

Property Analytics

Current Use

PeopleReady Business Service Center

Suggested Use

Top Pick Storage Facility Grocery & Convenience Store Electrical Service Big Box & Wholesale Store Food Market Garden Center

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

1,497
Businesses Nearby
44k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 74% Shops & Services 22% Beauty & Spa 4%
Starbucks Dining
13,544 visits/mo 0.4 miles
SONIC Drive In Dining
12,212 visits/mo 0.3 miles
Hooters Dining
5,413 visits/mo 0.2 miles
BP Shops & Services
5,070 visits/mo 0.2 miles
TD Bank Shops & Services
3,078 visits/mo 0.2 miles

Demographics for 32901, FL

26,286
Population
13,241
Households
2
Avg Household Size
46
Median Age
31%
College-Educated
90%
High-School Grad
12.1 sq mi
ZIP Area
2,172
Density / Sq Mi
$50,646
Median Household Income
$31,929
Median Earnings
$1,349
Median Rent
$244,500
Median Home Value

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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Similar Off Market Nearby

  • Edgardo Mabama — 1363 S Babcock St, Melbourne, FL 32901
  • Nasa Plaza — 789 S Babcock St, Melbourne, FL 32901
  • Florida Marketplace — 1328 S Babcock St, Melbourne, FL 32901
  • Melbourne Shopping Center — 1355 S Babcock St, Melbourne, FL 32901

Frequently Asked Questions

What type of property is this?
Shopping center - Neighborhood shopping center with multiple access points, pylon signage, and parking ratio of 4.7 per 1,000 SF.
Where is this shopping center located?
The property is located at 765 S Babcock E Melbourne, FL.
What are key features of this property?
This property features: 168,737 SF neighborhood shopping center; Located at Nasa Blvd & Babcock St with exposure to approximately 40,000 vehicles daily; Across from Keiser University’s Melbourne Campus (over 3,000 students)
(407) 302-6518 Call to check price and availability
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