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Property profile & analytics
FOR LEASE
Strip malls

6365 N Wickham Rd Melbourne, FL 32940

9,450 SF 11.48 ac lot Built 2015
Entity Owned 3-yr Hold Free & Clear
Property ID
US18-8134077
Property summary
AI-generated overview

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 profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2015
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,450 SF
Lot 11.48 ac (500,069 SF)
APN 26-36-13-WH-0000A.0-0007.00
UPID US18-8134077
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Orangetheory Fitness Gym & Fitness Center
  • 3Natives Restaurant
  • Quest Diagnostics Melbourne Wickham Blood Testing Service Drug Testing Service
  • Asian Time - Asian Cuisine and Sushi Bar Restaurant
  • Quest Diagnostics Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Pineda Sc LLC · 3 yrs held
Pineda Sc LLC
since 2023
Last sale
$18.5M
3 recorded transactions
2023
$18.5M
2020
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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