Office Unit with Training
For Lease
$14,090/Mo
1374 S Babcock Street #20b, Melbourne, FL 32901
The workspace combines private offices, conference and training rooms, and an extensive workstation area.
Space Size10,405 SF
Days on Market1002
Property Features for 1374 S Babcock Street #20b
General Information
Standard status
Active
Size
10,405 SF
Net Rentable
10,405 SF
Space & Availability
Available Space
10,405 SF
Contiguous Space
10,405 SF
Space Use
Office
Meeting Rooms
2
Capacity
125 people
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Additional Details
Sprinkler System
Yes
Building Details
Year Built
1963
Listing Agency:
The Ullian Realty Corporation
(321) 729-9900
Listed By:
Zachary Michael Ullian · License #3445627
(321) 750-3439
Source:
Realty2000one
Added: Jan 26, 2024
Changed: Oct 24
Last Checked: Oct 23 at 4:07PM
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 The Ullian Realty Corporation
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 10,405 SF office unit offers a reception and waiting area, private offices, two rooms for training or conferences, an IT room, and a large break room. Approximately 125 work stations are in place, and some furniture, fixtures, and equipment may be negotiable. Tile and carpet flooring, drop ceilings, and full fire sprinkler coverage are installed throughout. Utilities include city water and sewer, fiber, and FPL electric. The property was built in 1963.
The Melbourne address provides access via nearby US1, Hibiscus Boulevard, and Nasa Boulevard. Melbourne International Airport, Downtown Melbourne, and Melbourne Square Mall are in close proximity.
The Melbourne address provides access via nearby US1, Hibiscus Boulevard, and Nasa Boulevard. Melbourne International Airport, Downtown Melbourne, and Melbourne Square Mall are in close proximity.
Key Highlights
- 10,405 SF office unit
- Approximately 125 work stations
- Layout includes private offices, two training/conference rooms, reception, IT room, and break room
Property Analytics
Current Use
Lease Details
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.44 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,003
Businesses Nearby
Explore this area
Business Placement
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
$17.64 /SF/Yr
Avg Asking Price
$1.61–$47.11 /SF/Yr
Price Range
13,255 SF
Avg Space Size
This space is priced 8% below the average of $17.64 /SF/Yr.
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The workspace combines private offices, conference and training rooms, and an extensive workstation area.
Where is this office unit located?
The property is located at 1374 S Babcock Street #20b Melbourne, FL.
What is the lease rate?
The lease rate is $14,090/Mo.
What are key features of this property?
This property features: 10,405 SF office unit; Approximately 125 work stations; Layout includes private offices, two training/conference rooms, reception, IT room, and break room
