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Sabal Palm Square Shopping Center 4700 Babcock St NE 1,300 - 27,620 SF of Retail Space Available in Palm Bay, FL 32905
Highlights
- Prominent corner location at Palm Bay Road NE and S Babcock Street with 37,000 and 26,403 vehicles per day delivering consistent visibility and access
- Deep trade area with up to 138,540 residents within five miles and solid household incomes that align with needs-based retail performance.
- Strong national co-tenancy on site and adjacent, including Chili’s, Burger King, Papa John’s, Bank of America, Publix, CVS and Staples.
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 11 | 15,645 SF | Negotiable | $15.88 /SF/YR $1.32 /SF/MO $248,443 /YR $20,704 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 12 | 10,675 SF | Negotiable | $15.88 /SF/YR $1.32 /SF/MO $169,519 /YR $14,127 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 19 | 1,300 SF | Negotiable | $18.88 /SF/YR $1.57 /SF/MO $24,544 /YR $2,045 /MO | Triple Net (NNN) |
4700 Babcock St NE - 1st Floor - Ste 11
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
4700 Babcock St NE - 1st Floor - Ste 12
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
4700 Babcock St NE - 1st Floor - Ste 19
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at Sabal Palm Square Shopping Center
- Tenant
- Description
- US Locations
- Reach
- Cash America Pawn
- -
- -
- -
- Citi Trends
- -
- -
- -
- Family Dollar Store
- -
- -
- -
- W.O.L.F. Fitness
- Fitness
- 9
- National
| Tenant | Description | US Locations | Reach |
| Cash America Pawn | - | - | - |
| Citi Trends | - | - | - |
| Family Dollar Store | - | - | - |
| W.O.L.F. Fitness | Fitness | 9 | National |
Property Facts
| Total Space Available | 27,620 SF | Frontage | |
| Center Type | Community Center | Gross Leasable Area | 141,983 SF |
| Parking | 852 Spaces | Total Land Area | 19.89 AC |
| Center Properties | 2 | Year Built | 1988 |
| Total Space Available | 27,620 SF |
| Center Type | Community Center |
| Parking | 852 Spaces |
| Center Properties | 2 |
| Frontage | |
| Gross Leasable Area | 141,983 SF |
| Total Land Area | 19.89 AC |
| Year Built | 1988 |
About the Property
Sabal Palm Square is a multi-tenant retail center positioned at the signalized intersection of Palm Bay Road NE and S Babcock Street, one of Brevard County’s most traveled corners with 37,000 vehicles per day on Palm Bay Road and 26,403 on Babcock Street. This visibility, combined with multiple full-access drives, creates strong daily exposure for retailers and service users. The center benefits from established national co-tenancy and nearby demand drivers. Outparcels and immediate neighbors include Chili’s, Burger King, Papa John’s and Bank of America, with Publix, CVS, Staples, Dollar Tree and others within the same corridor, drawing consistent destination traffic. Major employers and institutions such as L3Harris, Northrop Grumman and Florida Tech further bolster daytime population and purchasing power.
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
Nearby Major Retailers
Presented by
Sabal Palm Square Shopping Center | 4700 Babcock St NE
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