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Retail Space Listed at 2539 Palm Bay Road Northeast

Retail Space Listed at 2539 Palm Bay Road Northeast
FOR SALE

$1,100,000

2539 Palm Bay Road Northeast, Palm Bay, FL 32905

7,308 SF

Square Feet

$151

PPSF

Property Description

Palm Bay Plaza is a 7,308 SF professional office/retail building located at 2539 Palm Bay Road NE in Palm Bay, Florida. The property consists of seven 1,000–1,100 SF retail/office units and is positioned along Palm Bay Road, approximately 0.75 miles from U.S. Highway 1 and approximately 3 miles from I-95. The single-story CBS building was built in 2009 and features city water/sewer, 100% central air conditioning, two Palm Bay Road access points, frontage parking, side parking, façade signage, and monument signage. The property offers an excellent opportunity for an investor or owner-user seeking a well-located Brevard County office/retail asset with strong visibility and convenient regional access. Listing Price: $1,290,000.


Property Details

Asset Type

Retail

Year Built

2009

Neighborhood

Palm Bay

Submarket

Palm Bay

ZIP

32905

Listing Type

sale


Offering Memorandum

Download

Net Operating Income (NOI)

$0

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)

-$62,575

Cash-on-Cash Return

-22.75%

Monthly Debt Service

$5,215

Annual Debt Service

$62,575

View on Map

Address

2539 Palm Bay Road Northeast

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Palm Bay Retail Market Snapshot

Boundary boundary · Retail · Sale

No investors found in this market.

Contact the Listing Team

Kirk Von Stein

Kirk Von Stein

President

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Kirk Von Stein

Kirk Von Stein

President

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