Ground Lease For Sale

For Sale

437 & 439 S. Babcock Street, Melbourne, FL 32901

This Melbourne property for sale is located at 437 & 439 S. Babcock Street. The current listed sale price for Ground Lease For Sale is $375,000. Ground Lease For Sale is situated on a lot that is 0.43 acre in size.

Contacts

Michael S. Ullian, President, CCIM, SIOR

The Ullian Realty Corporation

Property Details

  • Property Type Retail - Strip
  • Property Size 5,550 SF
  • Lot Size 0.43 Acre
  • Date Updated May 20, 2026
Strategically positioned directly on Babcock Street which is an immediate connector between US1 and Nasa Boulevard. Surrounding employers include Leonardo DRS, the Melbourne International Airport and the Melbourne Courthouse to name a few. Call today for details!• 99-Year Ground Lease. Commenced 7/1/1965. Expires 6/30/2064 • Ground Lease Rent is $18,540.36 for 2026. Next Increase 1/1/2030 • Unit 437: 1,000 SF. Former Hair Salon. Open Configuration • Tile Flooring & Drop Ceiling Throughout. 2 Restrooms • Unit 439: 4,550 SF. Est. 50% Retail Showroom + 50% Storage. 1 Restroom • Clear Height 12’ 8” +/- to Bar Joist. One 10’ x 10’ +/- Grade Level Door • Utilities: City Water/Sewer (Common), FPL Electric (Separately Metered) • 8 Paved/Striped Common Asphalt Parking Spaces • Traffic Count est. 25,000 VPD on Babcock Street, per FDOT
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Attachments

Getting around

  • 50/100

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  • 53/100

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Location

  • City Melbourne, FL
  • Zip Code 32901
  • Market Orlando

Points of Interest

  • BP

    0.14 miles

  • Chevron

    0.45 miles

  • 7-Eleven

    1.53 miles

  • Marathon

    1.63 miles

  • Wawa

    1.77 miles

  • Shell

    2.70 miles

  • Sunoco

    2.98 miles

  • Speedway

    3.04 miles

  • Tesla Supercharger

    5.11 miles

  • Rental Car Lot

    0.65 miles

  • Driver Training Lot

    0.80 miles

  • B1 Parking

    1.02 miles

  • Columbia Village Parking Garage

    2.22 miles

  • North Parking - East of Main Building

    3.27 miles

  • Central Parking - Main Lot

    3.28 miles

  • West Parking - Back Lot

    3.37 miles

  • Joe Mullins Park Parking

    3.83 miles

  • Melbourne - Eau Gallie Lot

    5.79 miles

  • Palm Bay Lot

    5.95 miles

  • Sonic

    0.07 miles

  • Makoto

    0.36 miles

  • Me-n-Tito's Mexican Grill

    0.40 miles

  • Hooters

    0.42 miles

  • Siam Orchid

    0.53 miles

  • Sabor de Minas Buffet

    0.77 miles

  • Del's Freez

    0.98 miles

  • Subway

    1.08 miles

  • McDonald's

    1.11 miles

  • Jimmy John's

    1.11 miles

  • Publix

    0.97 miles

  • Brazil 4 You

    1.95 miles

  • Macy's

    2.05 miles

  • Dillard's

    2.14 miles

  • Melbourne Square Mall

    2.16 miles

  • ALDI

    2.24 miles

  • JCPenney

    2.27 miles

  • Burlington

    2.43 miles

  • Ross

    2.48 miles

  • Target

    3.03 miles

Contact Listing Broker
Michael S. Ullian, President, CCIM, SIOR

The Ullian Realty Corporation

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