Search
Melbourne Shell Space For Lease
For Lease
$12.95 SF/Yr

1801 Penn Street, Melbourne, FL 32901

Shell space available for lease in central Melbourne location.

Property Size3,292 SF
Days on Market147

Property Features for 1801 Penn Street

General Information

Standard status Active
Size 3,292 SF
Property subtype High-Tech / Office / Engineering / R&D

Building Details

Year Built 1988
Listing Agency:
Listed By: Michael S. Ullian, President, CCIM, SIOR · License #FL #BK447039
Source: Ullianrealty
Added: Mar 6 Changed: Jul 6 Last Checked: Jul 30 at 4:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Michael S. Ullian, President, CCIM, SIOR

Investment Insights

Based on property information with market context.

Located in the heart of Melbourne, this shell space offers 3,292 square feet. The dimensions are approximately 50 feet by 66 feet, with an estimated 16-foot clear height. The property is situated approximately halfway between Nasa Boulevard and Hibiscus Boulevard, providing convenient access to Interstate 95, US Highway 1, and US 192. Its location offers close proximity to the Melbourne International Airport, L3Harris, Northrop Grumman, and other high-tech, engineering, and R&D employers in the area. This space is suitable for a variety of business uses.

Key Highlights

  • 3,292 SF Shell Space with 16' Clear Height
  • Located in the heart of Melbourne
  • Easily accessible via I‑95, US Highway 1, and US 192

Property Analytics

Current Use

Solis Emergency Furnace ... Big Box & Wholesale Store CTG (Bike/Boat/Book/etc) Store Gauzy Industrial Manufacturer Subaru training center Association / Organization Adma Wilson-Romans Physician

Suggested Use

Top Pick Electrical Service Storage Facility Grocery & Convenience Store Parking Lot & Garage Carpet & Flooring Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.94 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

988
Businesses Nearby

Demographics for 32901, FL

26,286
Population
13,241
Households
2
Avg Household Size
46
Median Age
31%
College-Educated
90%
High-School Grad
12.1 sq mi
ZIP Area
2,172
Density / Sq Mi
$50,646
Median Household Income
$31,929
Median Earnings
$1,349
Median Rent
$244,500
Median Home Value

Market

Lease Benchmarks for Melbourne, FL

$12.79 /SF/Yr
Avg Asking Price
$1.61–$24.42 /SF/Yr
Price Range
5,966 SF
Avg Space Size

This space is priced 1% above the average of $12.79 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Shell space available for lease in central Melbourne location.
Where is this office units located?
The property is located at 1801 Penn Street Melbourne, FL.
What is the lease rate?
The lease rate is $12.95 SF/Yr.
What are key features of this property?
This property features: 3,292 SF Shell Space with **16' Clear Height**; Located in the heart of Melbourne; Easily accessible via I‑95, US Highway 1, and US 192
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message