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Off Market
1/8

4705 Wickham rd
Melbourne, FL 32935


HIGHLIGHTS

  • Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years with two 5-year options to renew!
  • KBP Inspired, LLC is a 117-unit Arby’s entity (subsidiary holding of KBP Brands - ±1,000 unit operator)
  • Locations in Maryland, Virginia, North Carolina, Florida & Arizona
  • New, high-quality, build-to-suit construction of Arby’s newest prototype - slated to open October 2023 (est.)
  • Situated on a large ±1.14-acre parcel at signalized intersection excellent drive-by visibility/access on N Wickham Rd
  • AFFLUENT 2023 DEMOGRAPHICS: Total Population (5-MI): 110,070 | Average Household Income (1-MI): $147,126

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

ARBY'S - MELBOURNE, FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Bank, Freestanding, Restaurant

TOTAL BUILDING SIZE

2400

STORIES

1

YEAR BUILT

2023

SPRINKLERS

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PARKING SPACES

133

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

26-37-30-00-00513.0-0000.00