$550,000
BEDS
--
BATHS
4.0
SQFT
5,376
$/SQFT
$102
MLS # 1011883, Listed by The Ullian Realty Corporation|321-729-9900
700 S John Rodes Boulevard B7 & B8 is a $550,000, 5,376 square foot, 4.0 bath home located in Melbourne, FL.
Seller’s Description
Excellent opportunity to purchase an income producing warehouse condo in the heart of Melbourne! Sale includes two adjoining 1,344 SF units = 2,688 SF footprint + bonus builtout upstairs 2,688 SF = 5,376 SF total. Floorplan is est. 1,151 SF warehouse + 4,225 SF HVAC office. Interior includes a reception area, 6 offices, conference room, bullpen and a break room. Currently 100% occupied. Est. 2024 NOI is $54,044 (est. 9.8% CAP). Lease term expires 9/30/24. Tenant has two 1-year renewal options with 2% annual escalators. Unit has two 9' wide x 10' tall +/- grade level doors. Utilities include City Water/Sewer and 1-Phase FPL electric. Conveniently located on John Rodes Boulevard which is a direct connector between New Haven Avenue, Ellis Road & Eau Gallie Boulevard. Three Interstate 95 interchanges nearby. Close proximity to the Melbourne International Airport, L3Harris, Northrop Grumman and numerous employers.
Features
INTERIOR
| Above Grade Sqft | 5,376 |
| Interior Features | BuildingFeatures - Interior Corridors BuildingFeatures - Meeting Room BuildingFeatures - Office BuildingFeatures - Overhead Doors BuildingFeatures - Private Restroom BuildingFeatures - Reception Area BuildingFeatures - Separate Office Area BuildingFeatures - Separate Warehouse Area BuildingFeatures - Storage Flooring - Carpet Flooring - Concrete Flooring - Tile |
| Cooling Types | Central Building |
EXTERIOR
| Parking Types | Assigned Parking Lot |
| Exterior Features | LotFeatures - Other Utilities - Electricity Connected Utilities - Sewer Connected Utilities - Water Connected |
| Construction Types | Block Concrete |
| Water Source | Septic |
| Sewer | Public Sewer |
PROPERTY
| Property Type | Commercial Sale |
| Property Sub Type | Industrial |
| Style | CurrentUse - Industrial |
| Year Built | 1986 |
| HOA Fee | $322.00 |
| HOA Fee Frequency | Monthly |
| Taxes | $2,792.00 |
| County | brevard |
| Neighborhood | None |
| Financial Terms | ListingTerms - Cash ListingTerms - Conventional ListingTerms - Private Financing Available OperatingExpenseIncludes - Other Possession - Close Of Escrow |
Based on information from the Space Coast Multiple Listing Service, last updated 09/12/2024 at 05:51am MDT. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or this website.
