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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
Freestanding
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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Cheddar's Scratch Kitchen
Chase Bank
El Chico Cafe
Esporta Fitness
BJ's Restaurant & Brewhouse
Asian Chao
Starbucks
Outback Steakhouse
Olive Garden
First Watch

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
28-37-06-00-00807.0-0000.00
Land Assessment
£305,920
Improvements Assessment
£295,017
Total Assessment
£600,937
  • Listing ID: 33273313

  • Date on Market: 23/09/2024

  • Last Updated:

  • Address: 2035 W New Haven Ave, Melbourne, FL 32904

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