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5275 Babcock St NE
Palm Bay, FL 32905

Price Upon Request

General Retail For Sale  •  51,131 SF

Property Details

  • Property Type General Retail
  • Total Building Size 51,131 SF
  • Lot Size 6.46 AC
  • Building Class B
  • Year Built 1982
  • Tenancy Multiple
  • Zoning C
0 Transit Score
50 Walk Score

Highlights

51,954 SF Shopping Center Priced at $92.39/RSF
Stable Tenancy Base: 93% of Existing Tenants have Exercised Renewal Options
Over 9.4% CAP Rate and 14% Cash on Cash Return with Upside through Leasing Vacant Spaces
92% Occupied Shopping Center Located on Signalized Corner
Shadow anchored by Walgreens and PNC Bank
Necessity & Service-Oriented Tenant Roster

Amenities

  • Banking
  • Signalized Intersection
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Melbourne Orlando International 17 min - 7.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 196
Type: Surface
Included in Rent: Yes