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Palm Bay Plaza

$3,000,000

4500 Dixie Hwy NE, Palm Bay, FL 32905

Active
Last Updated: 11/23/2024

35,846 sqft

Building Size

3.27 acres

Lot Area

Details:
Building Size:    35,846 sqft
Lot Area:    3.27 acres
Year Built:    1967
Floors:    1
Description:

Palm Bay Plaza, located at 4500 Dixie Hwy NE, Palm Bay, FL 32905, is a
value-add investment opportunity on US-1 with a daily traffic count of
26,000 AADT. The plaza benefits from nearby strong residential areas and
four upcoming apartment projects adding over 1,900 units. Additionally, it
is in close proximity to L3Harris Palm Bay Campus, which employs around
8,400 people. With the plaza currently over 40% vacant, investors can
maximize value by addressing deferred maintenance and leasing spaces at
market rents.

Directly fronts US 1 between Palm Bay Rd. and Malabar Rd in Palm Bay, FL
DISTANCES:
• 1.3 miles south of Palm Bay Rd.
• 1.9 miles north of Malabar Rd.
• 4.6 miles south of US 192
• 5.8 miles to I-95 via Palm Bay Rd.

Map:
3 Spaces Available

#10 Street Retail

Available:
Immediately
Sublease:
No
SQFT
6,801
Lease Type:
Gross

Can be many uses. Blank slate with open area at front and private area in rear of space.

#1B Street Retail

Available:
Immediately
Sublease:
No
SQFT
3,521
Lease Type:
Gross

#7 Street Retail

Available:
Immediately
Sublease:
No
SQFT
647
Lease Type:
Gross

Can be many uses. Blank slate with open area at front and private area in rear of space.

Documents:
Title
Lease Brochure
View
OM_-_Palm_Bay_Plaza.pdf
View
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Location
Gallery