1220 S Wickham Rd

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1220 S Wickham Rd

melbourne, FL 32904
Asking Rate
Contact for rate
Asset Type
Retail
Class
Class B

What's Special

1220 S Wickham Road is situated in a high-traffic retail corridor in Melbourne, Florida, positioned between major thoroughfares New Haven Avenue and NASA Boulevard. The surrounding neighborhood is characterized by a mix of established residential communities and dense commercial development. The property benefits from immediate proximity to the Melbourne Orlando International Airport and the high-tech employment hub centered around the Florida Tech campus. Local amenities include various national retailers, car dealerships, and professional medical offices. The site offers direct access to Wickham Road, providing efficient connectivity to Interstate 95 and US Highway 1. The property is suited for general retail use, quick-service dining, or specialized service providers. Its location within a primary commuter path makes it an ideal fit for high-visibility tenants such as boutique retailers, fitness studios, or neighborhood services. Typical tenant profiles for this trade area include regional service franchises and local businesses seeking to leverage the strong daily vehicle counts and the area's diverse demographic base of university students, aerospace professionals, and local residents.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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