US-192 & St Johns Heritage Pkwy

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US-192 & St Johns Heritage Pkwy

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

What's Special

This prime retail site is located at the high-traffic intersection of US-192 and the St. Johns Heritage Parkway in West Melbourne, Florida. Situated within a rapidly expanding commercial corridor, the property benefits from proximity to established residential communities and major employment hubs. The location offers excellent regional connectivity, serving as a critical gateway between the I-95 corridor and the western suburbs. Nearby amenities include national big-box retailers, local dining establishments, and healthcare facilities, ensuring a steady flow of local and commuter consumer traffic. The property is ideally suited for neighborhood-serving retail, quick-service restaurants, or automotive services. Given its prominent roadside visibility and high daily vehicle counts, the site supports high-volume retail operations. Typical tenants would include grocery anchors, fuel providers, or franchise-based retail chains looking to capture the growing demographic of the Space Coast. The zoning and infrastructure support diverse commercial applications, catering to both daily commuters and the surrounding suburban population.

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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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