Property summary
This exceptional investment opportunity presents a brand-new, 2024-built Advance Auto Parts store in Palm Bay, Florida. The property boasts a 15-year NNN lease with a corporate guarantee from Advance Auto Parts (NYSE: AAP), a highly rated (BBB- by S&P) industry leader with over 4,777 locations and $11.3 billion in revenue. The lease includes 10% rent increases every five years, ensuring consistent income growth. The property generates a strong NOI of $200,000, resulting in a compelling 5.85%… cap rate. Strategically located at 3360 Bayside Lakes Blvd SE, 32909, this 100% occupied, single-tenant building benefits from a high-traffic location adjacent to a Publix-anchored center and near I-95 (56,580 cars/day). The surrounding area features a rapidly growing population, exceeding 80,000 residents, with an average household income over $75,000 within a 3-mile radius. The property's proximity to major employers like SpaceX, NASA, Florida Tech, and numerous schools further enhances its investment appeal. This is a rare chance to acquire a stable, high-performing asset in a thriving Florida market. The landlord is responsible for the structure and foundation. The property is situated in a tax-free state, offering additional financial advantages. The strong demographics and prime location make this a truly exceptional investment opportunity.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Alternative use
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