This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1105 Palmetto Ave
Melbourne, FL 32901
Wawa Ground Lease · Retail Property For Sale
PROPERTY FACTS
ABOUT 1105 PALMETTO AVE , MELBOURNE, FL 32901
Fundamental Location, Visibility & Access - New 2018 Construction with 8 Fuel Bays & 16 Pumps - Strategically Located at the NEC of S Harbor City Blvd. (US 1) & E Strawbridge Ave. (US 192) - Situated on a Large ±1.68 Acre Pad - Ample Parking with 44 Spaces - E Strawbridge Ave. is a Major 4-Lane Thoroughfare Connecting Melbourne to Melbourne Beach & S Harbor City Blvd. is a 6-Lane Road - Excellent Access: Two (2) Points of Ingress and Egress - Robust Traffic Counts of ±38,000 & ±42,500 along E Strawbridge Ave. & S Harbor City Blvd, Respectively Optimal Lease Structure - 20 Year Fee Simple Ground Lease - Corporately Guaranteed (2016 Revenues of $9.98 Billion) - 5% Rent Escalations Every Five (5) Years Beginning in Year 11 and in Each Option Period - Six (6), Five Year Options - Absolute NNN Lease with Zero LL Responsibilities Award Winning Tenant - Ideal Convenience Retailer - 2017 Foodservice Innovator of the Year (Convenience Store News) - 2017 Silver Plate for Retail & Specialty Foodservice (International Foodservice Manufacturers Association) - #34 America’s Largest Private Companies & #146 America’s Best Employers (Forbes) - #1 America’s Favorite Convenience Store (Market Force Information, 2015) - #9 Fastest Growing Chain (National Restaurant News, 2016) Prime Location - ±2 Miles proximity to Melbourne Beach - ±2 Miles proximity to Orlando Melbourne International Airport - ±1 Mile proximity to Health First Holmes Regional Medical Center (A 514-bed facility, including the only level II trauma center in Brevard County)
PROPERTY TAXES
| Parcel Number | 28-37-02-FD-00016.0-0002.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,675,560 |
PROPERTY TAXES
