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3035 W New Haven Ave
Melbourne, FL 32904

$4,000,000 USD

Freestanding For Sale  •  5,224 SF

Property Details

• Property Type Freestanding
• Total Building Size 5,224 SF
• Lot Size 0.74 AC
• Building Class C
• Year Built 1963
• Cap Rate 4.50 %
• Tenancy Single
• Zoning C-2

0 Transit Score

69 Walk Score

Highlights

Leased to Fifth Third Bank who is rated A- by Standard and Poor’s.

20 year Absolute NNN Ground lease providing passive ownership.

Situated near national anchor tenants located nearby such as The Home Depot, Lowe’s, Target, Sam’s Club, and Publix.

Well positioned off the signalized intersection of Minton Rd and W New Haven Ave which has a traffic count of ~ 68,000 VPD.

Property is located in a high income market of Southeast Florida with incomes in excess of $94,000 within one mile.

Cap Rate:

4.50 %

Public Transportation

Airport	Drive	Walk	Distance
Melbourne Orlando International	11 min	-	3.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	28
Type:	Surface
Included in Rent:	Yes