Taco Bell | 2035 W New Haven Ave
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Taco Bell 2035 W New Haven Ave
2,556 SF Retail Building Melbourne, FL 32904 £2,768,340 (£1,083/SF) 5% Net Initial Yield
Investment Highlights
- Absolute NNN Lease with 15+ Years Remaining on Primary Term
- Strong 5 Mile Demographics With 143,507+ Residents
- Situated on Irreplaceable Lot in Dense Retail Corridor With 37,460+ VPD
- Well Above AUV Sales Reported With Recent Full Renovation, Showing Tenant Commitment to Location
- Impressive Population Growth in a 3 Mile Radius of 27.70% Between 2010-2020
- Surrounded by Traffic Drivers Including Melbourne Square Shopping Mall and Several Other Retailers
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,556 SF
Building Class
B
Year Built
1985
Price
£2,768,340
Price Per SF
£1,083
Net Initial Yield
5%
NOI
£138,417
Tenancy
Single
Number of Floors
1
Building FAR
0.08
Land Acres
0.75 AC
Zoning
C2
Walk Score ®
Very Walkable (75)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 28-37-06-00-00807.0-0000.00 | Improvements Assessment | £295,017 |
Land Assessment | £305,920 | Total Assessment | £600,937 |
PROPERTY TAXES
Parcel Number
28-37-06-00-00807.0-0000.00
Land Assessment
£305,920
Improvements Assessment
£295,017
Total Assessment
£600,937
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Taco Bell | 2035 W New Haven Ave
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