PREMIER REDEVELOPMENT OPPORTUNITY SEARS IN MELBOURNE€¦ · RATE Coast approximately an hour south...
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This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. PREMIER REDEVELOPMENT OPPORTUNITY SEARS IN MELBOURNE 1050 S Babcock St, Melbourne, FL 32901 SRS Real Estate Partners | 200 S. Orange Ave., Suite 1300 | Orlando, FL 32801 | 407.455.5030 SRSRE.COM CONTACT John Artope | 407.902.2621 [email protected] AVAILABLE GLA 50,860 SF div 61,990 SF 11,130 SF div RATE Call for Rates DEMOGRAPHICS 3 Mile 5 Mile 10 Mile Total Population 52,613 121,605 250,111 2020 Growth 0.68% 0.69% 0.79% Avg. HH Income $46,812 $50,349 $58,325 Daytime Population 29,000 52,944 110,867 Year: 2016 | Source: ESRI TRAFFIC COUNTS Nasa Blvd 18,500 VPD Babcock St 21,000 VPD Year: 2015 | Source: FL DOT DESCRIPTION • 50,860 SF For Lease, ability to subdivide • 11,130 SF Auto Center For Lease, ability to subdivide • The City of Melbourne is located on East Central Florida’s Space Coast approximately an hour south of the Kennedy Space Center, and 1-1/2 hours due east of Disney World • I-95 runs through the county from north-to-south
Transcript of PREMIER REDEVELOPMENT OPPORTUNITY SEARS IN MELBOURNE€¦ · RATE Coast approximately an hour south...
This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof.
PREMIER REDEVELOPMENT OPPORTUNITYSEARS IN MELBOURNE1050 S Babcock St, Melbourne, FL 32901
SRS Real Estate Partners | 200 S. Orange Ave., Suite 1300 | Orlando, FL 32801 | 407.455.5030
SRSRE.COM
CONTACTJohn Artope | [email protected]
AVAILABLE GLA50,860 SF div 61,990 SF11,130 SF div
RATE Call for Rates
DEMOGRAPHICS 3 Mile 5 Mile 10 MileTotal Population 52,613 121,605 250,1112020 Growth 0.68% 0.69% 0.79%Avg. HH Income $46,812 $50,349 $58,325Daytime Population 29,000 52,944 110,867Year: 2016 | Source: ESRI
TRAFFIC COUNTSNasa Blvd 18,500 VPDBabcock St 21,000 VPDYear: 2015 | Source: FL DOT
DESCRIPTION• 50,860 SF For Lease, ability to subdivide• 11,130 SF Auto Center For Lease, ability to subdivide• The City of Melbourne is located on East Central Florida’s Space Coast approximately an hour south of the Kennedy Space Center, and 1-1/2 hours due east of Disney World• I-95 runs through the county from north-to-south
This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof.
PREMIER REDEVELOPMENT OPPORTUNITYSEARS IN MELBOURNE1050 S Babcock St, Melbourne, FL 32901
SRS Real Estate Partners | 200 S. Orange Ave., Suite 1300 | Orlando, FL 32801 | 407.455.5030
SRSRE.COM
This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof.
PREMIER REDEVELOPMENT OPPORTUNITYSEARS IN MELBOURNE1050 S Babcock St, Melbourne, FL 32901
SRS Real Estate Partners | 200 S. Orange Ave., Suite 1300 | Orlando, FL 32801 | 407.455.5030
SRSRE.COM
This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof.
PREMIER REDEVELOPMENT OPPORTUNITYSEARS IN MELBOURNE1050 S Babcock St, Melbourne, FL 32901
SRS Real Estate Partners |
SRSRE.COM
This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof.
PREMIER REDEVELOPMENT OPPORTUNITYSEARS IN MELBOURNE1050 S Babcock St, Melbourne, FL 32901
SRS Real Estate Partners | 200 S. Orange Ave., Suite 1300 | Orlando, FL 32801 | 407.455.5030
SRSRE.COM
Seritage Growth Properties is a publicly traded, self-administered, self-managed REIT primarily engaged in the real property business throughits investment in its operating partnership, Seritage Growth Properties,L.P. Our portfolio contains 235 wholly-owned properties and 31 jointventure properties, consisting of approximately 42 million square feet ofbuilding space, which is broadly diversified by location across 49 statesand Puerto Rico. Pursuant to a master lease, 224 of our wholly-ownedproperties are leased to Sears Holdings and are operated under eitherthe Sears or K-Mart brand. Third parties under direct leases also occupya portion of the overall leasable space alongside Sears and Kmart.Additionally, 11 of our wholly-owned properties are leased entirely tothird parties. The master lease provides Seritage with rights to recapturecertain space from Sears Holdings at each property. In addition, Seritagehas 50% interests in 31 additional properties through our joint ventureinvestments with General Growth Properties (12 properties), SimonProperty Group (10 properties), and Macerich (nine properties) that arealso master leased to Sears Holdings.
