7-Eleven - Melbourne FL
New 15-Year Lease | 2026 Construction | Bonus Depreciation | Located In Space Coast Town Center
Marketing description
The property benefits from prominent frontage along U.S. Hwy 192 (32,500 VPD), just steps from its intersection with I-95 (101,500 VPD), offering excellent accessibility from two of Melbourne’s key transportation corridors
Located within Space Coast Town Center, a 225-acre master-planned mixed-use development thoughtfully integrating retail, multifamily, and office uses to create a cohesive live / work / play environment
Integra Station (300 apartments), located directly adjacent to the subject property, represents one of the first residential phases delivered, with the project approved for approximately 3,000 total residential units at full buildout
Investment highlights
15-year absolute NNN lease with 10% rent increases every 5 years and four additional extension options
Brand new construction with an expected opening of April 1st
Located within Space Coast Town Center, a 225-acre master-planned mixed-use development that will serve as a new hub for area employers, employees, and residents. The development is integrating retail, multifamily, and office uses to create a cohesive live / work / play environment
Directly in front of Integra Station (300 multifamily units) and just north of two planned single-family communities programmed for ~6,200 new homes
Amazon has acquired 117-acres across the street and is moving forward with a 652,000 square-foot warehouse “Project Zeppelin” (1000 new jobs)
Benefits from prominent frontage along U.S. Hwy 192 (32,500 VPD), just steps from its intersection with I-95 (101,500 VPD)
More than 89,600 residents (AHHI $104,920) and 44,500 employees in the 5-mile trade area
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