Log In/Sign Up
924-936 E New Haven Ave
Melbourne, FL 32901
Retail Property For Sale
Investment Highlights
- 100% Leased Multi-Tenant Retail - Fully occupied with four established tenants, providing stable cash flow and minimized vacancy risk
- Leases include attractive annual rent bumps ranging from 4% to 6%, offering built-in income growth and a natural hedge against inflation
- Dense and Affluent Demographics • Over 100,000 residents within a 5-mile radius and strong average household incomes support long-term retail demand.
- NNN Lease Structure • All tenants operate under triple net (NNN) leases, passing through expenses for taxes, insurance, and maintenance—maximizing NOI
- Prime Downtown Melbourne Location • Located along the highly trafficked New Haven Avenue corridor in Historic Downtown Melbourne
- High Visibility & Foot Traffic • Consistent pedestrian activity and strong street visibility in one of the city’s most visited districts
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,343 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
1925
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.81
Lot Size
0.38 AC
Zoning
B-3 - GENERAL BUSINESS
Parking
26 Spaces (1.95 Spaces per 1,000 SF Leased)
Frontage
118’ on East New Haven Avenue
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $1,201,680 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,201,680
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
