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678 Wickham Rd Melbourne, FL 32935

OFF-MARKET Retail properties & Spaces Google Maps
31,034 SF Built 1988
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This 2,850 square foot retail space is located at 678 N Wickham Rd, Melbourne, FL 32935, within a 31,034 square foot multi-tenant retail building constructed in 1988 in Brevard County. The property boasts excellent visibility on a major thoroughfare with over 25,000 cars passing daily. Situated in a vibrant retail plaza just south of Sarno Road, this adaptable space is ideal for a variety of uses, including retail shops, offices, or service centers. The space is currently vacant and offers significant potential for businesses seeking high foot traffic and prominent exposure. The lease rate is $14 per square foot per year, gross. This prime location offers easy access to a dense concentration of shops, cafes, and other businesses, ensuring a steady stream of potential customers. The property's size and location make it an attractive opportunity for businesses looking to establish or expand their presence in a thriving Melbourne market.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1988
Total area 31,034 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Solar Energy Company

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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