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1545 Palm Bay Rd
Melbourne, FL 32905
Commerce de détail Propriété À vendre
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Applebee's has continuously operated at this location since 1993, demonstrating a long-term commitment to the trade area.
- Absolute NNN lease structure provides for no landlord operating responsibilities.
- The restaurant occupies a freestanding location with frontage along Palm Bay Road, a major commercial corridor.
- The property is leased to Applebee's Restaurants Mid-Atlantic, LLC, a subsidiary of Dine Brands Global, Inc. (NYSE: DIN).
- Contractual 1% annual rent increases are included throughout the primary lease term and most renewal periods.
- The site benefits from visibility to approximately 37,000 vehicles per day along Palm Bay Road.
Résumé de l'annonce
SLN Capital Markets, a division of S.L. Nusbaum Realty Co., is pleased to exclusively present for sale the Applebee’s Neighborhood Grill + Bar property located at 1545 Palm Bay Road in Melbourne, Florida. Applebee’s has been operating at this location since 1993 and is a well-established, nationally recognized casual dining brand with a strong presence throughout the United States and abroad. The property consists of an approximately 5,564 SF freestanding, purpose-built restaurant situated on 1.04 AC. The site offers excellent visibility and frontage along Palm Bay Road, a major east-west thoroughfare serving the Melbourne and Palm Bay trade area, with strong daily traffic counts of 37,000 VPD (ESRI 2025). Applebee’s Restaurants Mid-Atlantic, LLC, a subsidiary of Dine Brands Global, Inc (NYSE: DIN) operates the store and guarantees the lease which features 1% annual rent increases throughout the term and throughout most of the option periods.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Restaurant
Taille du bâtiment
5 564 pi²
Classe d’immeuble
B
Année de construction
1993
Prix
4 336 465 $ CAD
Prix par pi²
779,38 $ CAD
Taux de capitalisation
6,45%
Revenu net d’exploitation
279 702 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,12
Taille du lot
1,04 AC
Zonage
C1
Impôts fonciers
| Numéro de lot | 28-37-21-00-00009.0-0000.00 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 2 118 895 $ CAD |
Impôts fonciers
Numéro de lot
28-37-21-00-00009.0-0000.00
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
2 118 895 $ CAD
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