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    6365 Wickham Rd Melbourne, FL 32940

    For Lease
    $35 SF/Yr

    High-performing retail center in Melbourne, FL

    Lot size:
    49,995 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional retail investment opportunity, Pineda Landings, is located in the thriving Viera/Suntree area of Melbourne, Florida, at the highly visible intersection of Wickham Road and Jordan Blass Drive. The property comprises 49,995 square feet across two single-story buildings, built in 2015, and sits on an expansive 11.48-acre lot. Currently, there are 1,070 square feet of vacant space available, offering immediate potential for expansion or new tenancy. The center boasts 322 total parking spaces and is zoned PUD. Pineda Landings benefits from a strong tenant roster, including a top-performing Fresh Market and other established businesses such as Orange Theory, Hand and Stone Massage, AT&T, and Super Cuts. The property's strategic location within a rapidly growing area, known for its high concentration of engineers and diverse population, makes it an attractive investment. Furthermore, a 1.2-acre build-to-suit development site is available, presenting additional development opportunities. The property's APN is 26-36-13-WH-A-7, located in Brevard County, Florida, zip code 32940. This is a rare chance to acquire a well-positioned retail center in one of Florida's fastest-growing markets.

    Property Features for 6365 Wickham Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    49,995 SF
    Total Rate
    145818.75

    Building Details

    Year Built
    2015
    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    95-106
    Size
    1,070 SF
    Rate per SF
    $35
    Space
    Retail Pad
    Size
    52,272 SF

    HighLights

    • Exceptional retail investment opportunity in Melbourne, FL's Viera/Suntree area.
    • 49,995 SF retail center on an 11.48‑acre lot, built in 2015.
    • Strong tenant roster including Fresh Market, Orange Theory, and others, with 1,070 SF of available space.
    • 322 parking spaces, PUD zoning, and a 1.2‑acre build‑to‑suit site.
    • Located at the highly visible intersection of Wickham Road and Jordan Blass Drive, APN 26‑36‑13‑WH‑A‑7, zip code 32940.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Orangetheory Fitness Gym 3Natives Health Food Restaurant Quest Diagnostics Melbourne ... Laboratory Asian Time - Asian ... Restaurant Quest Diagnostics Diagnostic Center

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.6720102
    Latitude
    28.2164586

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    FAQs

    What type of property is this?
    Neighborhood center - High-performing retail center in Melbourne, FL
    Where is this neighborhood center located?
    The property is located at 6365 Wickham Rd Melbourne, FL.
    What is the lease rate?
    The lease rate is $0.00-$35 SF/Yr.
    What are key features of this property?
    This property features: Exceptional retail investment opportunity in Melbourne, FL's Viera/Suntree area.; 49,995 SF retail center on an 11.48-acre lot, built in 2015.; Strong tenant roster including Fresh Market, Orange Theory, and others, with 1,070 SF of available space.
    Request Owner's contact information
    6365 Wickham Rd Melbourne, FL 32940
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    Melbourne, FL 32940
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6365 Wickham Rd Melbourne, FL 32940
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