605 John Rodes Blvd, Melbourne, FL 32934

30,780 SF | Flex Building | Melbourne, FL 32934 | $4,995,000 ($162/SF)

Asking Price $4,995,000

Property Type: Industrial
Price / Square Foot: $162

Listing Contacts

Michael Ullian

Zachary Ullian

Property Overview

• 100% Occupied Single Tenant Office/Engineering/Manufacturing Facility.
• Est. 9,060 SF Office + 21,720 SF Production/Integration = 30,780 SF Total.
• 5-Year Term. Est. NOI $225,000 (7% CAP).
• City Water/Sewer, Fiber, 3-Phase, 266/480 V, 600 Amps.
• 100% HVAC (Symphony EMS System). 100% Fire Sprinklered.
• City of Melbourne Desires Digital Light Drive Connection to John Rodes (north boundary).
• Tenant is Data Flow Systems, LLC website: https://dataflowsys.com established in 1981, provides remote monitoring and control for water, wastewater, and stormwater utilities. In 2023 Data Flow Systems was acquired by SmartCover Systems a portfolio company of XPV Water Partners, per web site:https://smartcoversystems.com/stories/smartcover-systems-acquires-data-flow-systems-enhancing-its-collection-system-optimization-technology
• Located between Ellis Road & Eau Gallie Boulevard. Near Wickham Road, US1 and three I-95 interchanges! Close to Melbourne International Airport, L3Harris, Northrop Grumman and numerous employers. Call today for details!

Property Details

Class: C
Year Built: 1970
Stories: 1
Property Subtype: Flex, Manufacturing, R&D, Telecom Hotel/Data Hosting
Lot Size (sq. ft): 762,736 SF

Highlights

100% Occupied Single Tenant Office/Engineering/Manufacturing Facility
Est. 9,060 SF Office + 21,720 SF Production/Integration = 30,780 SF Total
5-Year Term
100% HVAC (Symphony EMS System). 100% Fire Sprinkler
City Desires Digital Light Drive Connection to John Rodes (north boundary)
Est. NOI $225,000 @ 7% CAP 30,780 SF = $3,215,000 + est. 14 Acres Industrial Land = $1,780,000

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