924-936 E New Haven Ave 13,343 SF 100% Leased 4-Star Retail Building Melbourne, FL 32901 $5,253,500 CAD ($393.73 CAD/SF) 7.34% Cap Rate

924–936 E New Haven Avenue is a fully leased, multi-tenant retail property located in the heart of Historic Downtown Melbourne. The property totals 13,343 square feet across two buildings and features a strong mix of four tenants, including Aya Mediterranean Cuisine, Osuki Sushi, Cleopatra Ink, and Blindman Productions. All tenants are on NNN leases, providing steady income with minimal landlord responsibilities and built in annual rent increases of 4%–6%.
Located along one of Downtown Melbourne’s most active corridors, the property enjoys excellent visibility, high foot traffic, and close proximity to the waterfront. The surrounding area is home to a variety of popular restaurants, shops, and nightlife, keeping the district vibrant throughout the day and evening.
Downtown Melbourne continues to see strong momentum, driven by new residential development and a healthy local economy. With over 100,000 residents within a five-mile radius and solid household income levels, the property is well positioned for long-term tenant performance and rental growth.
924–936 E New Haven Avenue offers investors the rare chance to acquire a fully occupied, cash-flowing retail asset with minimal management requirements in one of the Space Coast’s most walkable and desirable downtown locations.