TEN-X Auction Sale:
Jones Lang LaSalle (JLL), as exclusive broker, is pleased to offer the exceptional opportunity to acquire Marketplace at Palm Bay, a 149,752 square foot center located in Palm Bay, Florida.
The property is conveniently located with access to Interstate 95 (80,000 VPD) just 1.3 miles to the southwest and 2.2 miles to the northwest, allowing for superior connectivity to the entire Melbourne MSA, Orlando (60 miles northwest) and Miami (160 miles south).
· Superior connectivity to the region and state
· Main grocer for a captive resident base
· Frontage along heavily trafficked Babcock Street
· Committed grocery anchor
· Leasing momentum
· Health and wellness-oriented tenancy
· Exceptional tenant retention
· Ease of access and cross shopping
· Below replacement cost pricing