Map of Property

PetSmart

For Sale

7161 Lake Andrew Dr, Melbourne, FL 32940

This Melbourne property for sale is located at 7161 Lake Andrew Dr. The current listed sale price for PetSmart is $4,039,866. PetSmart is situated on a lot that is 1.5 acre in size.

Contacts

broker

Sam Wesson

Exclusive Realty

Property Details

  • Property Type Retail - Freestanding
  • Property Size 12,119 SF
  • Units 1
  • Lot Size 1.5 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Built 2015
  • Date Updated Oct 2, 2024
Melbourne, Florida is a dynamic city located on Florida's Space Coast, known for its beautiful beaches, thriving economy, rich cultural scene, and strong sense of community. Situated in Brevard County, Melbourne offers stunning beaches along the Atlantic Ocean, including Indialantic Beach and Melbourne Beach. The city's economy is diverse, with a focus on aerospace, technology, healthcare, and tourism. Melbourne International Airport serves as a transportation hub. The downtown area is bustling with shops, restaurants, and entertainment venues, while the local arts and theater scene thrives with galleries, theaters, and cultural events. Residents can also enjoy a wide range of dining options, reflecting the city's diverse culinary scene. Melbourne is home to several colleges and universities, including the Florida Institute of Technology, providing educational opportunities. With its warm community spirit, vibrant lifestyle, and a mix of natural beauty and economic opportunities, Melbourne offers an enticing place to live, work, and visit.Exclusive Realty is pleased to present this 12,150 SF PetSmart store located in Melbourne, FL. The property has a NN Lease, leaving minimal Landlord Responsibilities. The Lease is guaranteed by PetSmart which holds a credit rating of "B+". The subject offering represents an ideal opportunity for a 1031 Exchange buyer. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, one of the nations top pet stores.

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Highlights

  • Owner is in the process of finalizing a 10-year lease extension at $20/sf
  • Shopping center ranks in 76 percentile nationwide on Placer.ai
  • Prime Location
  • Landlord only responsible for roof/structure

Getting around

  • 46/100

    Walk Score ®

  • 42/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Melbourne, FL
  • Neighborhood Viera West
  • Zip Code 32940
  • Market Orlando

Points of Interest

  • ChargePoint

    0.38 miles

  • Murphy USA

    0.44 miles

  • Circle K

    0.49 miles

  • 7-Eleven

    0.75 miles

  • Speedway

    0.81 miles

  • Sunoco

    1.66 miles

  • Mobil

    2.15 miles

  • Tesla Supercharger - Rockledge

    2.17 miles

  • Costco Gas Station

    3.22 miles

  • Viera Lot

    2.11 miles

  • Patrick Space Force Base Lemon Lot

    7.32 miles

  • Melbourne - Eau Gallie Lot

    8.02 miles

  • West Parking - Back Lot

    9.31 miles

  • North Parking - East of Main Building

    9.33 miles

  • Truck Parking

    9.38 miles

  • Central Parking - Main Lot

    9.40 miles

  • Subway

    0.04 miles

  • Tijuana Flats

    0.05 miles

  • Buffalo Wild Wings

    0.08 miles

  • Outback Steakhouse

    0.15 miles

  • Walk-On's Spourt Bistreaux

    0.16 miles

  • Chipotle

    0.22 miles

  • Thai Hana

    0.22 miles

  • Steak 'n Shake

    0.28 miles

  • Bean Sprout Asian Cuisine & Sushi Bar

    0.37 miles

  • LongHorn Steakhouse

    0.38 miles

  • TJ Maxx

    0.12 miles

  • Kohl's

    0.21 miles

  • Walmart Supercenter

    0.27 miles

  • Ross

    0.34 miles

  • The Avenue Viera Town Center

    0.34 miles

  • Belk

    0.50 miles

  • Super Target

    0.72 miles

  • Publix

    1.02 miles

  • Winn-Dixie

    2.16 miles

  • ALDI

    3.33 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Sam Wesson

Exclusive Realty