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7-Eleven 2102 Nebula Wy 4,740 SF Retail Building Melbourne, FL 32904 $10,556,000 ($2,227.00/SF) 4.90% Cap Rate
Investment Highlights
- New 15-Year Lease | Options To Extend | 10% Rental Increases | Corporate Signature (S&P: A-) | 2026 Construction | April Opening
- Dense Retail Corridor | Surrounded by New Development
- Absolute NNN | Fee Simple Ownership | Bonus Depreciation | Zero Landlord Responsibilities
- Frontage On U.S. Hwy 192 (32,500 VPD) | Steps From I-95 (101,500 VPD)
- Space Coast Town Center | 225-Acre Master-Planned Development
- Strong Demographics In 5-mile Trade Area |
Executive Summary
The property benefits from prominent frontage along U.S. Hwy 192 (32,500 VPD), just steps from its intersection with I-95 (101,500 VPD), offering excellent accessibility from two of Melbourne’s key transportation corridors. Located within Space Coast Town Center, a 225-acre master-planned mixed-use development thoughtfully integrating retail, multifamily, and office uses to create a cohesive live / work / play environment.
Property Facts
Sale Type
Investment
Property Type
Building Size
4,740 SF
Year Built
2026
Price
$10,556,000
Price Per SF
$2,227.00
Cap Rate
4.90%
NOI
$517,264
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
2.04 AC
Zoning
GTWY-1 - Gateway Interchange District
Parking
40 Spaces (8.44 Spaces per 1,000 SF Leased)
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- 7-Eleven
- Retailer
-
99,999 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| 7-Eleven | Retailer | 99,999 SF | - | - |
Contacts
-
Patrick Nutt -
William Wamble -
Kyle Fant -
Britt Raymond -
Ivy Kwon -
SRS Real Estate Partners
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7-Eleven | 2102 Nebula Wy
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