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11036975
11036974

Babcock St & Capital Dr SE, Palm Bay, FL 32909, Palm Bay, US

CBRE - Orlando
CBRE - Orlando
Listed by CBRE - Orlando
Undisclosed Rate
314 days on market
Updated 105 days ago

1.12± AC Outparcel Available

Building Details
Property Type Retail, Land
Sub Type Ground Lease, Build to Suit
Tenancy Single

Spaces

Retail | Single tenant | 1 acre

Building description

This outparcel, offering up to ±1.12 acres, presents a unique opportunity for ground lease or build-to-suit development in the expanding Palm Bay, Florida market. Situated adjacent to a newly constructed Publix shopping center, the property benefits from exceptional visibility along Babcock Street and convenient access with multiple points of ingress and egress. The location provides cross access along both Babcock Street and St. Johns Heritage Parkway. The site is poised to benefit from the proposed St. Johns Heritage Parkway extension, which will establish a crucial north-south corridor linking Interstate 95 with US Highway 192. This location is positioned in an area experiencing a significant growth rate, with an expected 9.59% population increase within a one-mile radius.

Building highlights

  • Outparcel available for ground lease or build to suit

  • Up to ±1.12 AC

  • Located in rapidly growing area of Palm Bay, FL with 9.59% expected population growth rate within 1 mile

  • Outparcel to new Publix Shopping Center

  • Excellent visibility from Babcock St

  • Multiple ingress and egress with cross access along both Babcock St and St Johns Heritage Pkwy

  • Connection to the proposed St Johns Heritage Pkwy extension aimed to link Interstate 95 with US Hwy 192 providing a north-south corridor

Listing Contacts

CBRE - Orlando
CBRE - Orlando
Listed by CBRE - Orlando

Map

Property History

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