Property profile

6365 N Wickham Rd Melbourne, FL 32940

FOR LEASE
Strip malls
Property ID
US18-8134077
9,450 SF 11.48 ac lot Built 2015
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a restaurant space associated with a Clean Juice franchise, located at 6365 N Wickham Road, Melbourne, Florida 32904. It is characterized as a turnkey food service operation and includes leasehold improvements intended to support restaurant use, along with restaurant inventory valued as part of the business assets (inventory amount stated in the listing). Publicly reported gross revenue figures were provided for 2021 and 2022, and at the time referenced the operation was described as staffed and operating as a franchise restaurant.

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

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Restaurant
  • Laboratory Blood Testing Service
  • Restaurant
  • Medical Clinic

Location

6365 N Wickham Rd Melbourne, FL 32940
Melbourne metro Census 64127 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$14.16M

Owner & transaction history

since 2023
Last sale
$18.5M
3 recorded transactions
2023
$18.5M
2020
Price N/A
1969
Price N/A

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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More about this property
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