10,000 sq ft Retail Build to Suit
10,000 sq ft customizable retail
Marketing description
10,000 sq ft Retail/Community Commercial – Palm Bay Road NE
1922 Palm Bay Road NE | Palm Bay, FL
Strategically positioned on one of Palm Bay’s primary commercial corridors, this 1.15-acre Community Commercial (CC) site is being developed into a 10,000 square foot multi-tenant flex building, purpose-built for strong lease demand and long-term investment value.
Development Overview
Building Size: 10,000 SF
Configuration: 1 to 10 individual units
Bay Doors: 10 total, 16-foot height
Proposed Lease Rate: $21.00 PSF annually
Zoning: Community Commercial (CC)
Lot Size: 1.15 Acres
Designed to accommodate service users, light commercial tenants, contractors, specialty trades, and flex users, this project meets a growing demand for small-bay industrial space in the Palm Bay market.
Investment Highlights
High-visibility frontage on Palm Bay Road NE
Strong daily traffic counts
Fully entitled project with permits, environmental studies, and traffic reports completed
Ability to lease-up and hold for stabilized income
Option to sell at any phase of development to an investor
At full lease-up, the project is positioned to generate consistent cash flow in a supply-constrained flex/industrial segment.
Market Advantage – Palm Bay, Florida
Palm Bay is the largest city in Brevard County and continues to experience sustained population and employment growth. Major employers in the region include aerospace and defense companies, technology firms, and expanding logistics operations driving demand for well-located small-bay commercial space.
The property’s proximity to major corridors and regional employers enhances tenant appeal and long-term value.
This is an opportunity to control an income-producing commercial asset in one of the Space Coast’s strongest growth markets.
Contact us for financial projections, construction timeline, and investor exit strategy.
Note: All information is deemed reliable but not guaranteed. Prospective buyers should verify all details.
Investment highlights
Investment Highlights
1922 Palm Bay Road NE | Palm Bay, FL
Offered Fully Leased at $2,600,000
Purchase Price: $2,600,000 (Fully Stabilized)
Building Size: 10,000 SF Multi-Tenant Flex
Pre-construction build out options
Configuration: Up to 10 Units
Lease Rate: $21.00 PSF Annual (Projected / Targeted)
10 Bay Doors (16’ Height) – Designed for high-demand small-bay users
Community Commercial (CC) Zoning – Flexible commercial use
Stabilized Income Opportunity
Delivered fully leased at market rates
Positioned for strong tenant retention in supply-constrained flex segment
Small-bay industrial/flex remains one of the most resilient asset classes
High-Visibility Corridor
Frontage on Palm Bay Road NE
Strong daily traffic counts
Located in Brevard County’s largest city
Exit Flexibility
Sell stabilized to passive investor
Hold for long-term cash flow
Potential future rent growth in expanding market
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