6455 Wickham RdMelbourne, FL 32940

Property Details for 6455 Wickham Rd

Year built

2018

Construction

FRAME

Lot size

0.91 AC

Property size (Sq ft)

6,724 SF

Property type

Retail properties

Property subtype

Strip malls

APN

26-36-13-WH-0000A.0-0005.00

APU

263613WH0000A0000500

Description

This exceptional retail opportunity is located at 6455 N Wickham Rd in Brevard County, Florida. The property, built in 2016, consists of a single building totaling 5,984 square feet, situated on a 0.91-acre lot. The building is zoned BU1 and offers multiple tenancy options. Currently, two suites are available, each with a minimum divisible space of 1,505 square feet, and a maximum contiguous space of 1,505 square feet. A total of 3,010 square feet is currently vacant, presenting a significant opportunity for expansion or new tenancy. The property benefits from its strategic outparcel location within the thriving Pineda Landings shopping center, enjoying high visibility and traffic flow. Established national and regional tenants such as Fresh Market, Zaxby's, Jersey Mike's, and Orange Theory Fitness are already present, creating a strong synergy and attracting a substantial customer base. The property features prominent pylon and building signage, ensuring maximum brand exposure. Easy access to the property further enhances its appeal and convenience for both businesses and customers. This is an ideal location for businesses seeking high visibility and a strong tenant mix. The property's modern construction and prime location make it an attractive investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $2,716,598

  6.5%

  $2,507,628

  7%

  $2,328,512

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,660,792

  Geo Method

  $2,660,792

• Alternative Use

  Use

  Valuation

  Residential

  $2,115,278

  Hospitality

  $1,937,584

  Educational

  $1,612,047

  Medical

  $1,667,488

  Retail

  $2,507,628

Location Insight

City

Melbourne

County

Brevard

State

Florida

Latitude

28.2174

Longitude

-80.6742

CBSA code

37340

CBSA name

PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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