Flex Building with Warehouse
For Lease
$14 SF/Yr
5145 Commercial Drive, Melbourne, FL 32940
Flex space offers about 3,000 SF of office and 9,210 SF of warehouse with five roll-up bays.
Space Size12,062 SF
Days on Market69
Property Features for 5145 Commercial Drive
General Information
Standard status
Active
Size
12,062 SF
Property subtype
Office
Additional Details
Service Bays
5
Spaces For Lease
at 5145 Commercial Drive Contact us- Size
- 12,062 SF
- Type
- Flex - Office
- Availability
- Immediate
- Sublease
- No
Space Available $14/SF/Yr
Listing Agency:
JM Real Estate
Listed By:
Nicole Reed · License #BK3408136
(314) 795-4339
Source:
Commercialcafe
Added: Jul 8
Changed: Sep 9
Last Checked: Sep 13 at 4:33AM
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 JM Real Estate
Investment Insights
Based on property information with market context.
This flex building for lease includes approximately 3,000 SF of office space and about 9,210 SF of warehouse space. The office area features multiple private offices, a reception/waiting area, a kitchen, a conference room, storage, and two restrooms. The warehouse includes high ceilings, five bays with roll-up doors, and four restrooms, including two with a sink/toilet and two with a sink/shower.
Located in the Wickham Road Business Center just off Wickham Road at 5145 Commercial Dr, the property offers a large paved parking lot for day-to-day access.
Overall, the layout supports a combined office-and-warehouse operation with dedicated restroom facilities servicing both the office and warehouse areas.
Located in the Wickham Road Business Center just off Wickham Road at 5145 Commercial Dr, the property offers a large paved parking lot for day-to-day access.
Overall, the layout supports a combined office-and-warehouse operation with dedicated restroom facilities servicing both the office and warehouse areas.
Key Highlights
- 12,210 SF +/- flex building with approximately 3,000 SF office space and 9,210 SF warehouse space
- Warehouse includes 5 bays with rollup doors and high ceilings
- Office space features multiple private offices, reception/waiting area, kitchen, conference room, storage, and 2 restrooms
Property Analytics
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Current Use
Lease Details
5
Service bays
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
473
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32940, FL
44,869
Population
21,433
Households
2.1
Avg Household Size
51
Median Age
52%
College-Educated
97%
High-School Grad
57.3 sq mi
ZIP Area
783
Density / Sq Mi
$106,511
Median Household Income
$56,072
Median Earnings
$1,904
Median Rent
$444,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Melbourne, FL
$13.77 /SF/Yr
Avg Asking Price
$2.19–$22.65 /SF/Yr
Price Range
6,113 SF
Avg Space Size
This space is priced 2% above the average of $13.77 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flex space offers about 3,000 SF of office and 9,210 SF of warehouse with five roll-up bays.
Where is this flex space located?
The property is located at 5145 Commercial Drive Melbourne, FL.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: 12,210 SF +/- flex building with approximately 3,000 SF office space and 9,210 SF warehouse space; Warehouse includes 5 bays with rollup doors and high ceilings; Office space features multiple private offices, reception/waiting area, kitchen, conference room, storage, and 2 restrooms
