4931 Babcock St., Palm Bay, FL, 32905
4931 Babcock St.
Palm Bay, FL 32905
https://thebrokerlist.com/have/4931-babcock-st-palm-bay-fl-32905-102976
FOR LEASE
Property Type:
Street Retail
Last Verified:
Aug 28, 2020
Description
Ground Lease or Build to Suit
Freestanding with Drive-Thru
Palm Bay City Water and Sewer Available
Over 30,000 cars/day
Located on Babcock St - main North/South connecting Melbourne and Palm Bay
Major retail corridor with many major shopping centers, retailers, restaurants, banks, etc.
Building Size: 1650.0sq ft
Lot Size: 1.72 acres
Units for Lease
GL/BTS
Space Available: 4000 SF
Lease Type: NNN
Price Per Sqft/Year: $28.0
Map of 4931 Babcock St., Palm Bay, FL, 32905
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.
