Established Taco Bell/Pizza Hut
7840-7850 North Wickham Road Melbourne FL, Melbourne, FL 32940
NNN ground lease with established tenant in Melbourne, Florida.
Type:Retail
Property size:
3,600 SFLot size:
0.76 AcresPrice / SF:
$572/SF- Added:
- Dec 4, 2025
- Days on Market:
- 162
- Last Refresh:
- Mar 17 at 1:18 pm
Property Features for 7840-7850 North Wickham Road Melbourne FL
General Information
- Standard status
- Active
- Size
- 3,600 SF
- Lot size
- 0.76 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2016
Listing agent Derrick Schroeder License #BK3113265
Listing office Solid Investments
Listing date Dec 4, 2025
Source Crexi
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 Solid Investments
HighLights
- Absolute NNN Ground Lease: Tenant handles all expenses, offering zero landlord obligations.
- Established Dual‑Brand Taco Bell/Pizza Hut: Features a 3,600 SF prototype.
- Strong National Brand Presence: Operated by Taco Bell Corporation and Pizza Hut.
- High Traffic Location: Excellent visibility and 40,000 VPD along N Wickham Rd.
- Strategic Retail Corridor: Surrounded by Walmart, Publix, Target, Walgreens, Kohl’s and CVS.
- Guaranteed by Bravo Foods, LLC: A large Yum! Brands franchisee.
Overview
This property offers the opportunity to acquire an established absolute NNN Taco Bell / Pizza Hut Ground Lease in Melbourne, FL. Built in 2016, the property features a 3,600 SF dual-brand prototype situated on 0.76 acres along North Wickham Road. The lease has approximately 5 years remaining on its initial 15-year term, with 10% rental increases scheduled every 5 years. The lease is absolute net, assigning responsibility for all expenses, including roof and structure, to the tenant, resulting in zero landlord obligations. The location benefits from high visibility and traffic counts of 40,000 vehicles per day on N Wickham Rd. The site is surrounded by retailers such as Walmart Supercenter, Publix, Target, Walgreens, Kohl’s and CVS. Located minutes from I-95, the property benefits from a dense trade area serving Melbourne’s residential and employment base. Taco Bell Corporation operates approximately 8,100 units in the United States. Pizza Hut has more than 6,700 US restaurants and over 16,000 locations worldwide across more than 100 countries. Bravo Foods, LLC, which operates approximately 35 Taco Bell locations across the Orlando metro and Southeast region, serves as the lease guarantor. Its parent company, Celebration Restaurant Group, operates more than 150 restaurants across multiple states, including 35 Taco Bell locations and 93 Pizza Hut restaurants under affiliated entities.
Location Intelligence
Current Use by Public Records
Conventional restaurants
Location Insight
- Map
- Local Demand
- City
- Melbourne
- County
- Brevard
- State
- Florida
- Longitude
- -80.7000219
- Latitude
- 28.2314259
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - NNN ground lease with established tenant in Melbourne, Florida.
Where is this conventional restaurant located?
The property is located at 7840-7850 North Wickham Road Melbourne FL Melbourne, FL.
What is the asking price?
The asking price for this property is $2,060,000.
What are key features of this property?
This property features: Absolute NNN Ground Lease: Tenant handles all expenses, offering zero landlord obligations.; Established Dual‑Brand Taco Bell/Pizza Hut: Features a 3,600 SF prototype.; Strong National Brand Presence: Operated by Taco Bell Corporation and Pizza Hut.
