Retail Space Listed at 2539 Palm Bay Road Northeast
$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
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.