2830 Summer Brook St | Melbourne, FL 32935
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- LoopNet Team
2830 Summer Brook St
Melbourne, FL 32935
The Learning Experience - 6.75% CAP · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 15 year corporate lease demonstrates long-term commitment to this site
- Entrepreneur Magazine ranked TLE as the #1 child care franchise in the US where they operate over 600 locations
- Fixed 8% increases every 5 years provide a hedge against inflation and consistent rent growth
- Fee simple ownership allows for depreciation, boosting after tax returns
- Tenant self-maintains the parcel, pays taxes and insurance
- Florida has not state income tax and in 2022 ranked as the fastest growing state in the US
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
10,000 SF
Building Class
A
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
2.32 AC
Zoning
C-2, Melbourne - Commercial
PROPERTY TAXES
| Parcel Number | 26-37-31-30-00000.0-0004.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,600,470 |
PROPERTY TAXES
Parcel Number
26-37-31-30-00000.0-0004.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,600,470
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