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821 EAU GALLIE BLVD Melbourne FL 32935

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Details
Property Type Retail
Sub Type Bank, QSR/Fast Food (+1)
Sold Date ******
Sold Price ******
Year Built 2026
Sale NOI ******
Sale Cap Rate ******
Lease Type ******
Remaining Term ******
Days on Market ******
Latitude 28.1386
Longitude -80.5854

Property History

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Property Type
Property Type
Retail
Property Subtype
Bank, QSR/Fast Food, Restaurant
Asking Details
Asking Cap Rate
******
Marketing Description

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of this 1.9 Acre parcel leased to Chase Bank and Chipotle on new 15 year leases. Chipotle has been open since June 2025 and Chase Bank will open in the second quarter of 2026.

Investment Highlights

Chase Bank is the world's most valuable bank with an investment grade credit rating (S&P: AA-) and Chipotle is one of the world's most favored fast-casual restaurants with over $11.5 billion in revenue

Absolute Net Lease and Ground Lease provide passive ownership and stable cash flow - common area landlord maintenance obligations and can be handled by single vendor and are fully reimbursed

Chase is relocating into this new prototype with drive-thru and brings an existing customer and deposit base

Chipotle is equipped with it's "Chipotlane" drive-thru maximizing convenience and profitability

Large 1.9 Acre parcel in affluent market ($143,000 AHHI in 3 miles) with excellent visibility and full access to E Eau Gallie Blvd. which carries over 20,000 VPD

Shadow anchored by Ocean Springs Shopping Center which sees over 1.5 million visits per year

Fixed 10% rental increases provides hedge against inflation

Fee simple ownership allows for depreciaton of Chipotle building boosting after tax returns

Loan History

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Financial History

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****** Data
Net Operating Income
******
Reporting Date
******

Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Sold on
 BY:
PW
Patrick Wagor PRO
•••.•••.6151
••agor@••••••••••••••.com
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