Standalone Value-Add | Proximity to US Hwy 1234 Barton Blvd

234 Barton Blvd (the “Subject Property”) is a unique opportunity to acquire a value-add or redevelopment retail property with a drive-thru in Rockledge, Brevard County, Florida near two major highways (US Route 1 and Interstate 95), major employment generators (the Kennedy Space Center and Port Canaveral) and Melbourne Orlando International Airport. The Subject Property consists of 0.84 acres of land and is improved with a 3,667-square-foot former bank branch with an attached four-lane drive-thru and 18 surface parking stalls. The property, which was built in 1989 and renovated in 2000, is also equipped with a pylon sign and three curb cuts. 234 Barton Boulevard is suitable for a wide range of commercial uses, including automobile service and repair, car washes, quick-service and full-service restaurants, medical offices, general offices, banks, childcare centers, and much more. 234 Barton Boulevard is located at the signalized intersection of Barton Boulevard and Murrell Road, which experiences an average annual daily traffic count of 18,000 vehicles, on an outparcel to a Bealls Outlet and Brevard Health Alliance-Barton-Rockledge Clinic (family medicine) co-anchored shopping center. Notable nearby land uses include Wells Fargo (SW), Taco Bell (E), a Shell gas station (S), and Rockledge Flats (NW), a four-story, 100,000-square-foot apartment complex featuring 247 market-rate units. Publix, McDonald’s, KFC, Planet Fitness, Rockledge Regional Medical Center (298-bed acute care hospital), Rockledge High School (~ 1,600 students), and Dunkin’ are also in close proximity to the Subject Property. Owners and occupants of 234 Barton Boulevard are afforded incredible access to some of the area’s most sustainable consumer demographics and demand drivers. The population living within a 3-mile radius presents a reliable and expanding consumer base—nearly 47,000 residents earn an average household income of over $84,000. This population has grown by 0.9% since 2010, a rate that significantly outpaced the national growth average of 0.1%. These residents tallied an impressive consumer spending total of nearly $575 million in 2023. 234 Barton Boulevard is in Rockledge, a city with about 28,000 residents in Brevard County, on Florida’s Space Coast. The city is roughly 12 miles southwest of Cape Canaveral, which is home to one of America’s busiest cruise ports and the Kennedy Space Center, and is part of the Palm-Bay-Melbourne-Titusville, Florida, MSA. Brevard County has been one of the fastest-growing economies in the nation over the past decade, according to CoStar Analytics. The area has experienced this explosive growth due to the growth of the privatized space sector and robust tourism activity along the many coastal communities throughout the area. The area has also experienced strong rent growth, with a healthy growth rate of 4.2% year-over-year.

• 48 parking slots