2133-2145 Sarno Rd - Freestanding FOR SALE


Melbourne, FL 32935
$700,000 USD
412-877-6766
2133-2145 Sarno Rd, Melbourne, FL for Sale
$700,000 USD
Freestanding - FOR SALE
1/10
null | Request Cap Rate

2133-2145 Sarno Rd
Melbourne, FL 32935


HIGHLIGHTS

  • Sarno Road is one of the main roads inside of Melbourne and the subject property is across the street from a 161,071 sf shopping center
  • Newly painted building and resurfaced and striped parking lot
  • Large back yard available behind the building
  • Tenant rents are half of market rate. This is displayed in the offering memorandum. One tenant wants to expand their footprint on the property
  • New buyer can increase rents or re rent spaces at almost double what existing tenants are paying.
  • Spaces are 1,000 sf and smaller. These size spaces are very hard to find in this area for retail and office properties.

OVERVIEW

Please request offering memorandum that has the breakdown of the current income and expenses and the pro forma. There are currently 5 spaces. 4 of the 5 spaces are leased. There is one 700 sf space available for lease at $19.28/sf Proximity to Melbourne Beach: A mere 10 minutes away from the pristine Melbourne Beach, ensuring an ever-present influx of both locals and tourists. • Connectivity: Located just 20 minutes north of Melbourne Airport, this property provides exceptional accessibility for businesses with regional and national connections. • Ample Parking: With 16 dedicated parking spaces, visitors and staff will enjoy the convenience of hassle-free parking, a premium feature in such a prime location.

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$190 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

RP

APN/PARCEL ID

27-37-19-78-0000C.0-0006.00

ASK ABOUT THIS PROPERTY

Oren StephenISL CommercialMore Info
412-877-6766

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Oren StephenISL CommercialMore Info
412-877-6766

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