Marcus & Millichap’s TC Retail Group is pleased to present a rare opportunity to acquire 10 E New Haven, a 13,000-square-foot retail and office asset spanning two buildings in the heart of Downtown Melbourne, Florida. The property sits on just under 1.5 acres at the hard corner of New Haven Avenue and Babcock Street, a signalized intersection with over 62,000 vehicles per day.
Anchored by a diverse tenant mix with over 55% national tenancy, the asset is currently 100% occupied with long-term NNN leases in place, offering minimal landlord responsibilities and strong in-place cash flow. The property is offered below replacement cost, making it an attractive opportunity for investors seeking a stabilized, low-management asset with upside potential in a vibrant urban core.
The center sits in the heart of Historic Downtown Melbourne, surrounded by walkable amenities, restaurants, entertainment venues, and waterfront access. The location is minutes from Melbourne Orlando International Airport, Florida Institute of Technology, and major employers such as L3Harris Technologies, Northrop Grumman, and Health First, supporting a strong daytime and residential population.
Nearby national retailers include Publix, Walgreens, Starbucks, Cold Stone Creamery, Jersey Mike’s, and numerous boutique shops, reinforcing the district’s retail vibrancy and long-term demand.