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Office Unit with Training Rooms
For Lease
$14,090/Mo

1374 S Babcock Street 20b, Melbourne, FL 32901

Reception, private offices, conference rooms, and roughly 125 workstations support a range of office operations.

Space Size10,405 SF
Days on Market269

Property Features for 1374 S Babcock Street 20b

General Information

Standard status Active
Size 10,405 SF
Net Rentable 10,405 SF
Property subtype Office

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
Utilities to Site Yes

Additional Details

Sprinkler System Yes

Amenities

reception/waiting room
IT room
large break room

Building Details

Year Built 1963
Listing Agency: The Ullian Realty Corporation
Listed By: Zachary Michael Ullian · License #3445627
Source: Islandpineapplerealty
Added: Feb 2 Changed: Oct 26 Last Checked: Oct 26 at 2:40PM

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

Rey
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Investment Insights

Based on property information with market context.

This 10,405-square-foot office unit includes a reception and waiting area, multiple private offices, two training and conference rooms, an IT room, and a large break room. Approximately 125 workstations are in place. Tile and carpet flooring, drop ceilings, and full fire sprinkler coverage are installed throughout. Some furniture, fixtures, and equipment may be negotiable. The building dates to 1963.

City water and sewer, fiber, and FPL electric service the property. Access is available from nearby US1, Hibiscus Boulevard, and Nasa Boulevard. The office is also near Melbourne International Airport, Downtown Melbourne, Melbourne Square Mall, schools, dining, daycare, and beaches.

Key Highlights

  • 10,405 SF office unit with approximately 125 workstations
  • Reception area, multiple private offices, and two training/conference rooms
  • Includes an IT room and large break room

Property Analytics

Current Use

Medical Data Systems ... Business Service Center

Suggested Use

Top Pick Big Box & Wholesale Store Grocery & Convenience Store Storage Facility Electrical Service Food Market Veterinary Clinic

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

Yes
Sprinkler system
Yes
Highway 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

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

$18 /SF/Yr
Avg Asking Price
$1.61–$47.11 /SF/Yr
Price Range
13,575 SF
Avg Space Size

This space is priced 10% below the average of $18 /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

Frequently Asked Questions

What type of property is this?
Office unit - Reception, private offices, conference rooms, and roughly 125 workstations support a range of office operations.
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 with approximately 125 workstations; Reception area, multiple private offices, and two training/conference rooms; Includes an IT room and large break room
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