1.90 Acre Ground Lease - Direct Malabar

1240 Malabar Road Palm Bay, FL 32907

1240 Malabar Road, Palm Bay, FL, 32907
1240 Malabar Road, Palm Bay, FL, 32907 1240 Malabar Road, Palm Bay, FL, 32907 1240 Malabar Road, Palm Bay, FL, 32907 1240 Malabar Road, Palm Bay, FL, 32907
FOR LEASE
Property Type:
Other Land
Amount:
Please Call Broker for Price

Last Verified:
Jan 02, 2024


Description

TBD

Prime retail ground lease opportunity in Palm Bay, FL Look no further than the bustling intersection of Malabar, I-95, and Babcock Rd. This location offers approximately 334 linear feet of frontage on Malabar Rd, with traffic counts averaging over 40,000 vehicles per day. This is an ideal location for any business looking to capitalize on the high visibility and traffic flow of this intersection.

Nestled in one of Forbes’ “Fastest- growing Cities,” Palm Bay is a thriving hub for major defense and ICT contractors, along with renowned aviation and aerospace employers like Raytheon Technologies, Renesas Electronics, and L3Harris. Seize this chance to join the dynamic commercial scene.

Lot Size: 1.9 acres

Units for Lease

1.90 Acre Ground Lease - Direct Malabar
Space Available: 82764 SF
Lease Type: NNN

Map of 1240 Malabar Road, Palm Bay, FL, 32907

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.