DEALS

Deals

Melbourne Village Plaza – Melbourne, FL

THE OPPORTUNITY

  • Melbourne Village Plaza supports the dense surrounding neighborhoods with several service and accessory tenants including restaurants, home stores, health & fitness, and medical & wellness uses.​
  • ​Geographic barriers to entry are high.​
  • ​Adjacent American Muscle Car Museum provides additional unique draw to the immediate area.​

THE DEAL POINTS

  • Marketed Asking Price: $13,306,000
  • Marketed Cap Rate: 8.75%
  • NOI: $1,164,280
  • Square Footage: 127,705 SF
  • Occupancy: 97%

THE HIGHLIGHTS

  • The Property sits on the intersection of Wickham Rd and Eau Gallie Blvd, creating combined traffic counts of nearly 60,000 cars per day
  • ​Six total access points onto the property
  • ​Along major retail corridor with large national tenants including adjacent Walmart
  • ​Dense population of over 50,000 people within three miles

Click Here to View Melbourne Village Plaza Virtual Deal Room