1816 S Harbor City Blvd - Auto Repair FOR SALE


Melbourne, FL 32901- Downtown Melbourne
$2,141,000 USD
916-995-3298
1816 S Harbor City Blvd, Melbourne, FL for Sale
$2,141,000 USD
Auto Repair - FOR SALE
1/4
null | 6.5% Cap Rate

1816 S Harbor City Blvd
Melbourne, FL 32901
Downtown Melbourne


HIGHLIGHTS

  • 15-year Absolute NNN lease with 10% rent increases every 5 years
  • Newly renovated: Significant capex investment by tenant
  • Corner Location on US-1 (Harbor City Blvd), a major north–south arterial; Direct Visibility to 37,000+ vehicles per day
  • Adjacent to the Melbourne Causeway (US-192), connecting to Indialantic / Melbourne Beach communities
  • Surrounding retail includes Wawa, 7 Brew, Melbourne Square shopping center anchored by Dillard’s, Dick’s, and Macy’s (3 miles west)
  • Nations Auto Glass: established national auto glass operator with 19 stores open and operating

OVERVIEW

Century Partners is pleased to offer a premier investment opportunity featuring a newly renovated property under a 15-year absolute NNN lease with 10% rent increases every 5 years and significant tenant capex. Positioned in a high-growth Florida market, the asset sits on a prominent corner along US-1 (Harbor City Blvd) with direct visibility to over 37,000 vehicles per day and immediate access to the Melbourne Causeway (US-192), connecting to the Indialantic and Melbourne Beach communities. The location benefits from a strong surrounding retail corridor—including Wawa, 7 Brew, and the Melbourne Square shopping center anchored by Dillard’s, Dick’s, and Macy’s—and is just one mile from the 500+ bed Health First Holmes Regional Medical Center, ensuring continual traffic and long-term stability.

FOR SALE DETAILS

PRICE

$2,141,000 USD

PRICE/SF

$1,025 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Nations Auto Glass - 15-Year Absolute NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

C-2

APN/PARCEL ID

28-37-02-FD-00015.0-0001.00

ASK ABOUT THIS PROPERTY

Marc MerchantCentury Partners Real Estate Inc.More Info
916-995-3298

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Marc MerchantCentury Partners Real Estate Inc.More Info
916-995-3298

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