2945 Viera Blvd, Melbourne, FL 32940
14,871 SF | Retail Building | Melbourne, FL 32940 | $12,183,000 ($819/SF) | 5.25% Cap Rate
For Sale
Active
10 pictures
Asking Price $12,183,000
- Property Type
-
Retail
- Square Feet
- 14,871 SF
- Price / Square Foot
- $819
Listing Contacts
Patrick Nutt
William Wamble
Jarrett Slear
- Property Info
Property Overview
Part of a Top 10 Ranked Master-Planned Development
• John Burns Real Estate Consulting, LLC and RCLCO Real Estate Advisors has ranked Viera, FL as a top 10 master-planned community based on sales performance in 2022
• Viera is centrally coastal and conveniently master-planned in the heart of the booming Space Coast market and benefits from sustained employment growth in the commercial space, high tech and defense contracting industries, and in migration from other states as well as A-rated schools, an active outdoor lifestyle, and proximity to 72-miles of Atlantic Ocean beaches (see page 8 for full article)
I-95 Presence (88,000 VPD) | Across From a Publix Supermarket | Neighboring Investment Grade Tenants | Wawa & Chick-fil-A
• The asset is located directly off Interstate 95 (88,000 VPD) while providing direct access to Disney World and Universal Resort
• The asset will benefit from excellent visibility and cross access to its neighboring investment grade tenants - Wawa & Chick-fil-A
• CVS is strategically positioned directly across from a modern Publix-Anchored shopping center that features Chase Bank, McDonalds’ & Starbuck’s as outparcels
• John Burns Real Estate Consulting, LLC and RCLCO Real Estate Advisors has ranked Viera, FL as a top 10 master-planned community based on sales performance in 2022
• Viera is centrally coastal and conveniently master-planned in the heart of the booming Space Coast market and benefits from sustained employment growth in the commercial space, high tech and defense contracting industries, and in migration from other states as well as A-rated schools, an active outdoor lifestyle, and proximity to 72-miles of Atlantic Ocean beaches (see page 8 for full article)
I-95 Presence (88,000 VPD) | Across From a Publix Supermarket | Neighboring Investment Grade Tenants | Wawa & Chick-fil-A
• The asset is located directly off Interstate 95 (88,000 VPD) while providing direct access to Disney World and Universal Resort
• The asset will benefit from excellent visibility and cross access to its neighboring investment grade tenants - Wawa & Chick-fil-A
• CVS is strategically positioned directly across from a modern Publix-Anchored shopping center that features Chase Bank, McDonalds’ & Starbuck’s as outparcels
Property Details
- Class
- B
- Year Built
- 2024
- Stories
- 1
- Property Subtype
- Drug Store, Freestanding, Storefront
- Lot Size (sq. ft)
- 79,279 SF
Highlights
- • The AHHI within a 1-mile radius of the subject property exceeds $105,100
- • The local trade area has experienced a 2.4% annual growth rate since 2010
- • 2024 CVS Pharmacy build to suite in Viera (Melbourne) Florida
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