This Retail Property is no longer advertised on LoopNet.com.

2162 Harris Ave NE
Palm Bay, FL 32905
NNN Lease w Minimal Landlord Responsibilities · Retail Property For Sale

Investment Highlights

  • 100% Occupied Single Tenant Stand-Alone Restaurant
  • NNN Lease. Expires 1/1/2028. One 5-Year Renewal Option
  • Est. NOI is $54,000 (Est. 7.5% CAP)
  • 2,420 SF Restaurant + 772 SF Outdoor Patio Seating = 3,192 SF Total
  • Annual CPI Escalator with 3% Floor & 6% Ceiling
  • Piped Underground Gas. Underground Grease Trap. Drive Through Window

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
2,420 SF
Building Class
C
Year Built
1978
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.00 AC
Zoning
CC - City of Palm Bay Community Commercial (CC)
Parking
51 Spaces (21.07 Spaces per 1,000 SF Leased)
Frontage
200’ on Harris Avenue

Amenities

  • Signage
  • Drive Thru
  • Monument Signage
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
28-37-22-FN-00002.0-0007.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$474,090
  • Listing ID: 28852758

  • Date on Market: 6/26/2023

  • Last Updated:

  • Address: 2162 Harris Ave NE, Palm Bay, FL 32905

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