Epler Park

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Epler Park

Address

190 Palm Bay Rd NE
Palm Bay, FL 32904
(View Map)

Property Type: Land
Listing Status: Active

Contact Info

Rafi Chambasian and Sean Lunt
Direct: (850) 566-3774 and (850) 320-5000
rafi@atlanticcg.com and sean.lunt@atlanticcg.com

Offering Package

Property Description

Epler Park offers a rare 0.83-acre ground lease opportunity on the high-traffic, morning-drive side of Palm Bay Road NE — one of the busiest commercial corridors on Florida's Space Coast, with over 65,500 vehicles passing daily. Positioned for maximum eastbound commuter visibility, the site is ideal for retail, medical, QSR, automotive, or service-based concepts looking to establish a presence in a thriving, high-growth market.

The property benefits from superior access and convenient ingress/egress, with quick connectivity to I-95, Minton Road, and major employment centers throughout Palm Bay. It sits within an established retail corridor anchored by national tenants including Kohl's, Publix, Ross, Target, Chase Bank, Truist, Chipotle, Panera Bread, Burger King, McDonald's, and Space Coast Credit Union — placing any new concept in direct proximity to consistent daily traffic and cross-shopping opportunity.

Demographics support strong trade-area demand: within a 3-mile radius; the site reaches a population of over 81,000 with an average household income of nearly $98,000. Within 5 miles, the trade area expands to more than 163,500 residents and a daytime population exceeding 165,000 — reflecting Palm Bay's continued growth as the largest city in Brevard County and a key landing spot for residents and workers connected to the region's aerospace and defense industry.

With flexible use potential, excellent visibility, and a location surrounded by dense residential neighborhoods and national retailers, Epler Park presents a compelling opportunity for a wide range of commercial concepts.

Additional Information Site Highlights Demos/Traffic
County: Brevard
Lot Size: 0.83
  • Positioned on the high-traffic, morning-drive side of Palm Bay Rd, maximizing eastbound exposure and commuter visibility.
  • Flexible ground lease opportunity, ideal for retail, medical, QSR, automotive, and service-based concepts
  • Located within a strong retail corridor and growing market, surrounded by national tenants and dense residential neighborhoods
  • Superior access and convenient ingress/egress, with quick connectivity to I-95, major employment centers, and key Palm Bay amenities.
  • 1 Mile: 6,796 Population, 6,647 total daytime population, $99,469 average household income, 2,936 total households
  • 3 Mile: 81,479 Population, 66,060 total daytime population, $97,951 average household income, 33,744 total households
  • 5 Miles: 163,509 population, 165,220 total daytime population, $91,817 average household income, 66, 515 total households
Recent News

QVC Group exits Chapter 11, CEO steps down

QVC Group has exited Chapter 11 bankruptcy with its debt reduced by over $5 billion and access to a new $600 million asset-based lending facility. As part of the restructuring, CEO David Rawlinson stepped down from the top role and was succeeded by Mike George as interim chief executive officer and board chair, effective immediately. George previously served as president and CEO of QVC Group for 16 years, from 2006 until his retirement in 2021. QVC Group's common stock has been approved for trading on Nasdaq under the ticker QVCG. The Chapter 11 exit was completed in less than four months after filing in the spring of 2026, representing a relatively swift restructuring timeline. The company has repositioned itself with a digital-focused strategy emphasizing live social shopping expansion across multiple platforms.

Simon poised to rake in millions more in rent thanks to Saks Global closures

Saks Global's Chapter 11 bankruptcy filing has proven beneficial for Simon Property Group, which saw 1 million square feet of space vacated—almost entirely from Saks Off 5th closures—yet maintained occupancy levels equal to the end of Q1 as new tenants filled the space at higher rents. While Saks Off 5th had been paying $18 million in annual rent before ceasing payments after bankruptcy, Simon Property is confident new tenants will pay significantly higher rent, with initial base rent from new leases up 17% year-over-year through Q2 2026. Simon Property expects to collect $30 million in rent from new tenants filling just half of the closed Saks Off 5th stores in its portfolio, compared to the $18 million Saks Off 5th was previously paying. The landlord's $100 million investment in Saks Global's merger with Neiman Marcus gave Simon strategic leverage to exit or renegotiate unfavorable lease terms.

Numerator: Inflation cools, consumers still worried

In Numerator's July 2026 Economic Sentiment Tracker of over 2,000 U.S. consumers, 39% identified rising prices as their top concern for the coming year, nearly matching the record high reached in May 2026. Prices for everyday household goods decelerated in July 2026, decreasing by 0.4% after a 0.7% increase in June, with prices up just 2.6% over the past 12 months as annual inflation cooled following three consecutive months of acceleration. Low-income and Gen Z consumers continue to experience higher levels of inflation for everyday household goods, as prices have increased 35.1% and 39.0%, respectively, for those groups since January 2018 versus the 33.2% national average. Quick-service restaurant prices have increased 53.9% since January 2018, well above the 33.2% rise across the overall consumer basket, and consumers are adapting by trading down what they buy and where they shop.