9113 Babcock St
Palm Bay, FL 32909
McDonald's · Commerce de détail Propriété À vendre

CORPORATE GUARANTEE FROM CREDIT TENANT
- McDonald’s has over 40,000 locations worldwide
- S&P Credit Rating of BBB+ and has a market capitalization of $218B (NYSE: MCD)
- Over $23B 2024 Revenue
STRATEGIC CONNECTIVITY
- This brand new construction is less than 3 miles from I -95
- Quick access to Palm Bay-Melbourne-Titusville regional market
- 242 feet of frontage and excellent visibility
PUBLIX OUTPARCEL & NEW DEVELOPMENT
- Immediate trade area features multiple master planned residential communities under construction
- Cypress Bay Preserve. Emerald Lakes and Eddgewood at Everland’s
- Across the street from Courtyard at Waterstone
- Outparcel to Publix Shopping Center
STRONG LEASE FUNDAMENTALS
- 10% rent increase every 5 years during current term & options periods
- 20-year Absolute NNN Ground lease
- Ten (10) five (5) year option periods
BREVARD COUNTY ECONOMIC DRIVERS
- Anchored by aerospace, defense, and high-tech employers
- L3Harris (8,000+ employees), Northrop Grumman (6,500+ employees), and Lockheed Martin contribute to consumer spending
LOCATED IN FAST GROWING & HIGHLY AFFLUENT PALM BAY
- AHHI exceeds $180K in a 1-mile radius
- Within the rapidly growing Palm Bay–Melbourne–Titusville MSA (600,000+ residents)
- Palm Bay is the largest city in Brevard County (127,000+ residents) and benefits from strong aerospace, defense, and tech employment clusters led by Lockheed Martin, L3Harris, and Northrop Grumman
- Potential customers with an AHHI greater than $160,000