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

Saks Global exits bankruptcy; changes name, slashes debt

Saks Global emerged from Chapter 11 bankruptcy protection on June 26, 2026, after nearly five months of restructuring and rebranded itself as Exemplar Luxury Group to signal a fresh start and renewed commitment to luxury retail excellence. The company achieved a nearly 75% debt reduction through the bankruptcy process while securing $500 million in new exit financing, with sufficient liquidity to drive long-term profitable growth. The restructured company reduced its store footprint from approximately 115 locations to just 49 stores, closing 62 off-price locations including 57 Saks OFF 5th stores and all five Neiman Marcus Last Call outlets. The new entity operates three flagship banners—Saks Fifth Avenue with 15 stores, Neiman Marcus with 33 locations, and Bergdorf Goodman—and is led by CEO Geoffroy van Raemdonck with a reconstituted board including representatives from investment firms Pentwater Capital Management and Bracebridge Capital.

The running list of major retail bankruptcies

Saks Global filed for Chapter 11 bankruptcy protection on January 14, 2026, about a year after completing its merger with Neiman Marcus, with the filing widely anticipated as the luxury conglomerate struggled financially and vendor relationships deteriorated due to past-due invoices. Eddie Bauer LLC filed for Chapter 11 bankruptcy on February 9, 2026, marking the end of the brand's brick-and-mortar presence with 175 locations set to close. Pat McGrath Cosmetics filed for Chapter 11 bankruptcy protection on January 22, 2026, following a lengthy private dispute between McGrath and a lender. Francesca's filed for Chapter 11 bankruptcy protection for the second time in less than a decade on February 5, 2026. Other retailers identified as high-risk for 2026 include Wayfair, ASOS, AMC Theatres, Walgreens, QVC Group, and J. Crew Group, with smaller companies facing disproportionate challenges compared to larger retailers during volatile economic times.

Bed Bath & Beyond to acquire real estate platform for $53M

Bed Bath & Beyond has entered into a definitive agreement to acquire Fathom Holdings Inc., a national technology-driven real estate services platform integrating residential brokerage, mortgage, title, and SaaS offerings, in an all-stock transaction valuing Fathom at approximately $53.38 million. The acquisition accelerates Bed Bath & Beyond's vision to create the nation's first end-to-end homeownership platform by uniting Homeownership Transactions, Omnichannel Commerce and Home Services into a single homeowner ecosystem. Fathom's brands include Fathom Realty, the No. 17 U.S. brokerage by sales volume in 2025 with more than $15.7 billion in transaction volume, along with Encompass Lending, Verus Title, intelliAgent and Real Results. The combined platform is expected to provide Fathom with immediate access to millions of Bed Bath & Beyond customers at key moments in the homeownership journey, creating a seamless connection between home buying, financing, and furnishing, with the transaction expected to close in the second half of 2026.