$1,080,000
Melbourne, FL 32940
MLS# 644110
Status: Closed
5420 sqft
1 / 2
Property Description
Excellent investment opportunity! Leased thru Dec 2014, this Denny''s asset provides an 8 cap with zero landlord responsibilities. Located in one of the hottest locations in Brevard, this location is seconds from 1-95 and the new Viera Hospital. Operated by an experienced franchisee with multiple locations. Contingent upon Brevard County taking Wickham Road frontage via Eminent Domain.
Details
Maps
Location, Tax, and Legal
Tax Account: 2618996
Parcel Number: 26361500000150000000
General County Location: Central
Tax Annual Amount: 13959.46
Tax Year: 2011
Tax Legal Description: PART OF N 1/2 OF NW 1/4 OF NE 1/4
Directions: I-95 to Wickham Road. Building on the left approx. 3/4 mile. Next to 7 Eleven.
General Property Information
Number Of Units Total: 1
Building Area Total: 5420
Lot Size Acres: 2.05
Association YN: No
Water Body Access YN: No
List Price/SqFt: 230.63
Sold Price/SqFt: 199.26
Year Built: 1995
Remarks and Miscellaneous
Public Remarks: Excellent investment opportunity! Leased thru Dec 2014, this Denny''s asset provides an 8 cap with zero landlord responsibilities. Located in one of the hottest locations in Brevard, this location is seconds from 1-95 and the new Viera Hospital. Operated by an experienced franchisee with multiple locations. Contingent upon Brevard County taking Wickham Road frontage via Eminent Domain.
Construction Materials
Block: 1
Cooling
Central Building: 1
Current Use
Commercial: 1
Flooring
Other: 1
Roof
Metal: 1
Contract Information
Current Price: $1,080,000
Original List Price: 1250000
Sold Price: $1,080,000
Status: Closed
Listing Contract Date: 2012-06-29
Property Sub Type: Business
Location Tax and Legal
Street Number: 8201
Street Direction Prefix: N
Street Name: Wickham
County: Brevard
State: FL
Postal Code: 32940
MLS Area Major: 218 - Suntree S of Wickham
Subdivision Name: All Ex N 50Ft Orb 892 Pg 518
Status Change Information
Major Change Timestamp: 2012-06-29T21:38:35Z
Major Change Type: New Listing
Status Change Timestamp: 2012-10-21
Purchase Contract Date: 2012-09-14
Close Date: 2012-10-18
Close Price: 1080000
Property Features
Construction Materials: Block
Cooling: Central Building
Current Use: Commercial
Flooring: Other
Roof: Metal
Listing Office: Harber Realty, Inc.
Last Updated: November - 11 - 2025
Information is deemed to be reliable, but is not guaranteed.