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Investment Highlights

  • Newly constructed in 2023 – turnkey, modern two-story facility built for hospitality/retail
  • Purpose-built wine bar and restaurant with unique self-pour wine dispensing system and full commercial kitchen
  • Strong demographics and market fundamentals driven by aerospace, tech, and tourism growth
  • 6,664 SF building on 1.32-acre site with 54 private parking spaces + 10 golf cart spaces
  • Located in Borrows West, Viera – one of the fastest-growing master-planned communities on Florida’s Space Coast
  • Confidential offering – includes real estate, business, and FF&E, with appraisal-supported value

Executive Summary

Prakas & Co. is pleased to present a rare opportunity to acquire a turnkey, newly constructed 6,664 SF commercial property on Florida's booming Space Coast. Located in the Borrows West neighborhood of Viera, one of Florida's fastest-growing master-planned communities, this two-story building is delivered vacant and ready for an owner-user or operator to step in.
Built in 2023, the property features modern construction, a full commercial kitchen, retail storefront buildout, and a flexible two-story layout. FF&E is included, providing significant value to a restaurant or hospitality buyer. The property sits on 1.32 acres with 54 private parking spaces plus 10 dedicated golf cart spaces.
Ideal Uses:
Restaurant, bar, or hospitality concept (kitchen and buildout in place)
Retail flagship, showroom, or specialty store
Professional office headquarters
Medical, dental, or specialty healthcare
Owner-user acquisition or investor repositioning play
Location & Market:
Viera is experiencing exponential residential and commercial growth, with strong demographics, high-income households, and a steady stream of planned development. The Space Coast continues to expand on the back of aerospace, tech, and tourism, with Melbourne minutes away and Cocoa Beach within 30 minutes. This is one of Central Florida's most active growth corridors.
Highlights:
2023 construction, turnkey condition
Delivered vacant, ready for repositioning
FF&E included
Full commercial kitchen
1.32 acre site with 54+ parking spaces
PUD zoning supports flexible commercial use
Annual taxes: $8,387
High-growth Viera / Space Coast submarket
NDA required for full offering package.

Property Facts

Sale Type
Owner User
Property Type
Retail
Building Size
6,664 SF
Building Class
B
Year Built
2023
Price
$4,443,075 CAD
Price Per SF
$666.73 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.11
Lot Size
1.35 AC
Zoning
Zoning: PUD – Planned Uni - Zoning: PUD (Planned Unit Development) – The Planned Unit Development designation allows for a flexible mix of uses within the Borrows West master-pla
Parking
62 Spaces (9.3 Spaces per 1,000 SF Leased)
Frontage
496’ on Lorkey ln
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100

Nearby Major Retailers

Starbucks
Chase Bank
Publix
Fifth Third Bank
Texas Roadhouse
Miller's Ale House
Whole Foods Market
7 Brew Coffee
F45 Training
Beef'O'Brady's

Property Taxes

Property Taxes

Parcel Number
25-36-33-50-0000B.0-0001.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,441,135 CAD
  • Listing ID: 37588672

  • Date on Market: 2025-09-08

  • Last Updated:

  • Address: 5475 Lorkey Ln, Melbourne, FL 32940

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