811 E Hibiscus Boulevard

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811 E Hibiscus Boulevard

melbourne, FL 32901
Asking Rate
Contact for rate
Asset Type
Retail
Class
Class B

What's Special

811 E Hibiscus Boulevard is situated in a secondary commercial corridor in Melbourne, Florida, positioned between US Highway 1 and South Apollo Boulevard. The surrounding neighborhood features a blend of established professional offices, healthcare services, and local retail centers. The site offers proximity to the Holmes Regional Medical Center district and the Melbourne Orlando International Airport, both located within a three-mile radius. Accessibility is provided via standard surface streets with connections to major regional thoroughfares, supporting local transit and regional vehicle access. This retail asset is suited for businesses requiring high visibility in an established trade area. The floor plan and location support a variety of use cases, including boutique retail, specialty showrooms, or service-oriented businesses such as hair salons and fitness studios. Ideal tenants include local or regional operators looking to leverage the area’s daytime employment base and residential density. The property’s configuration is well-suited for high-traffic consumer services or neighborhood-scale commercial ventures seeking a central Brevard County location.

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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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