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2133-2145 Sarno Rd 3,683 SF 51% Leased Retail Building Melbourne, FL 32935 $977,144 CAD ($265.31 CAD/SF)
INVESTMENT HIGHLIGHTS
- Sarno Road is one of the main roads inside of Melbourne and the subject property is across the street from a 161,071 sf shopping center
- Large back yard available behind the building
- New buyer can increase rents or re rent spaces at almost double what existing tenants are paying.
- Newly painted building and resurfaced and striped parking lot
- Tenant rents are half of market rate. This is displayed in the offering memorandum. One tenant wants to expand their footprint on the property
- Spaces are 1,000 sf and smaller. These size spaces are very hard to find in this area for retail and office properties.
EXECUTIVE SUMMARY
There are currently 5 spaces. 4 of the 5 spaces are leased. There is one 700 sf space available for lease at $19.28/sf
Proximity to Melbourne Beach: A mere 10 minutes away from the
pristine Melbourne Beach, ensuring an ever-present influx of both
locals and tourists.
•
Connectivity: Located just 20 minutes north of Melbourne Airport, this
property provides exceptional accessibility for businesses with
regional and national connections.
•
Ample Parking: With 16 dedicated parking spaces, visitors and staff
will enjoy the convenience of hassle-free parking, a premium feature
in such a prime location.
PROPERTY FACTS
AMENITIES
- 24 Hour Access
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Overview: Strategically situated on the major artery of Sarno Road, this Retail center stands as a beacon of opportunity in Melbourne. Spanning a significant footprint, this property already houses four tenants, underscoring its viability for consistent revenue generation. Whether for retail or office use, 2133 Sarno Road is positioned for success. The owner recently painted the building and updated the plumbing system for the property. The parking lot was recently re striped as well.Potential Uses: While already serving multiple tenants, this space is versatile and ideally suited for additional retail shops or professional office spaces. Its prime location on Sarno Road and proximity to key city landmarks make it a fitting choice for businesses aiming to establish a prominent presence in Melbourne.
- A
- 1,100 SF
- Retail
- In-Line
- Now
| Space | Size | Space Use | Position | Available |
| 200 | 700 SF | Retail | In-Line | Now |
| A | 1,100 SF | Retail | In-Line | Now |
200
| Size |
| 700 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
A
| Size |
| 1,100 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
200
| Size | 700 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Overview: Strategically situated on the major artery of Sarno Road, this Retail center stands as a beacon of opportunity in Melbourne. Spanning a significant footprint, this property already houses four tenants, underscoring its viability for consistent revenue generation. Whether for retail or office use, 2133 Sarno Road is positioned for success. The owner recently painted the building and updated the plumbing system for the property. The parking lot was recently re striped as well.Potential Uses: While already serving multiple tenants, this space is versatile and ideally suited for additional retail shops or professional office spaces. Its prime location on Sarno Road and proximity to key city landmarks make it a fitting choice for businesses aiming to establish a prominent presence in Melbourne.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 27-37-19-78-0000C.0-0006.00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $551,025 CAD |
PROPERTY TAXES
Presented by
2133-2145 Sarno Rd
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