1354 N Wickham Rd - Auto Repair FOR SALE


Melbourne, FL 32935
$2,440,000 USD
480-718-5555
1354 N Wickham Rd, Melbourne, FL for Sale
$2,440,000 USD
Auto Repair - FOR SALE
1/4
null | 7% Cap Rate

1354 N Wickham Rd
Melbourne, FL 32935


HIGHLIGHTS

  • ABSOLUTE NNN LEASE | RECENT LEASE RENEWAL: Tenant has been successfully open and operating at this location for decades
  • Recently exercised their 2nd lease renewal option showing commitment to the site!
  • CORPORATE TENANT: Tires Plus - a wholly owned subsidiary of Bridgestone Americas (BSAM) which is owned by the world’s largest tire and rubber company
  • DENSE RETAIL CORRIDOR: Well-positioned in a dense retail corridor - close proximity to Walmart, LA Fitness, Staples, ALDI, Publix, & Harbor Freight
  • TRAFFIC COUNTS: Positioned just off the hard corner on a large ±1.03-acre lot with excellent drive-by visibility/access on N Wickham Rd
  • 2025 DEMOGRAPHICS: Total Population (5MI): 104,194 | Average Household Income (1MI): $107,382

OVERVIEW

(Building & Land) Fee Simple

FOR SALE DETAILS

PRICE

$2,440,000 USD

PRICE/SF

$406 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

TIRES PLUS – MELBOURNE, FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,866 SF

ZONING

C

APN/PARCEL ID

27-36-13-00-00768.0-0000.00

ASK ABOUT THIS PROPERTY

Kendall CarlsenCommercial Investment Advisors, INCMore Info
480-718-5555

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Kendall CarlsenCommercial Investment Advisors, INCMore Info
480-718-5555

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.