6055 Technology Dr, Melbourne, FL 32904

6,520 SF | Flex Building | Melbourne, FL 32904 | $1,399,000 ($215/SF) | 5% Cap Rate

Asking Price $1,399,000

Property Type
Industrial
Price / Square Foot
$215

Listing Contacts

  • Property Info

Property Overview

• Est. 820 SF HVAC Office + 5,700 SF Warehouse = 6,520 SF Total.
• 11' 6" - 14' +/- Clear Height in Warehouse (measured floor to beam).
• Four 12' x 12' +/- Grade Level Doors.
• Est. 2024 NOI $69,950 (5% CAP).
• Term Expires 11/30/2026. One 5-Year Option. 4% Annual Escalator.
• 20 Concrete Paved/Lighted Parking Spaces.
• Utilities: City Water/Sewer, 120/240v 200A 1-Phase FPL Electric.
• M-1 Zoning: Warehousing, Light Manufacturing, Outdoor Storage & More!
• Seller to Consider Financing Subject to Contract Terms & Buyer Credit.
• Lease/Tenant Info to be Provided to Qualified Buyers Subject to an NDA.
• Situated in Brevard County, which is nicknamed the 'Space Coast' due to its aerospace and technology sector. Asset is strategically positioned in the heart of the Melbourne business and industrial park. Interstate 95 and the Melbourne International Airport are nearby. Surrounding employers include L3Harris, Northrop Grumman, Amazon and GE to name a few.

Property Details

Class
C
Year Built
1998
Stories
1
Property Subtype
Flex, Distribution, Warehouse, Service
Lot Size (sq. ft)
33,106 SF

Highlights

  • Est. 2024 NOI $69,950 (5% CAP)
  • Term Expires 11/30/2026. One 5-Year Option. 4% Annual Escalators
  • Est. 820 SF HVAC Office + 5,700 SF Warehouse = 6,520 SF Total
  • 11' 6" - 14' +/- Clear Height in Warehouse (measured floor to beam)
  • Four 12' x 12' +/- Grade Level Doors
  • DO NOT DISTURB TENANT

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