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Melbourne Flex Space For Lease
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1620 Tangerine St, Melbourne, FL 32901

Flex/office space in Downtown Melbourne with frontage and easy access.

Space Size1,000 SF - 6,200 SF
Property Size18,627 SF
Days on Market157

Property Features for 1620 Tangerine St

General Information

Standard status Active
Size 1,000 SF - 6,200 SF
Class B
Property subtype Industrial
Lease Type NNN

Building Details

Building Size 18,627 SF
Year Built 1978
Tenancy Multiple

Spaces For Lease

at 1620 Tangerine St Contact us

1620 - 1

Size
2,100 SF
Type
Industrial
Lease Type
NNN
Availability
Active
Contact us

820 - 3

Size
1,000 SF
Type
Industrial
Lease Type
NNN
Availability
Active
Contact us

820 - 6

Size
6,200 SF
Type
Industrial
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Lightle Beckner Robison Inc
Listed By: Luke Brown · License #SL3569606
Source: Crexi
Added: Mar 18 Changed: Aug 15 Last Checked: Aug 14 at 7:24AM

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 Lightle Beckner Robison Inc

Investment Insights

Based on property information with market context.

Located at 1620 Tangerine Street in Melbourne, FL, this property offers flex and office space suitable for various industries. The unit is situated in Downtown Melbourne, with direct frontage on US-1 and is 6.8 miles from I-95, providing access to major thoroughfares and the ability to serve Brevard and Indian River Counties. Unit 5 includes three 8'x8' grade-level bay doors with drive-through access, new LED lighting, and four parking spaces. It also features air-conditioned office and reception space with frontage.

Key Highlights

  • Direct frontage on US‑1 in Downtown Melbourne.
  • Easy access to I‑95 (6.8 miles).
  • Clear span warehouse and flex/office space.

Property Analytics

Current Use

Stripes Industrial Manufacturer Direct Metal Roofing Roofing Company Dust Buster's Professional ... General Contractor G-Force Wheel Repair Auto Repair Shop Always Cool Window ... Interior Design

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Electrical Service Daycare Center Grocery & Convenience Store Catering Service

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
$2.03 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,387
Businesses Nearby
Under-served
Demand for This Use

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

$14.54 /SF/Yr
Avg Asking Price
$9.95–$18.3 /SF/Yr
Price Range
6,912 SF
Avg Space Size

This space is priced 7% below the average of $14.54 /SF/Yr.

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Flex space - Flex/office space in Downtown Melbourne with frontage and easy access.
Where is this flex space located?
The property is located at 1620 Tangerine St Melbourne, FL.
What is the lease rate?
The lease rate is $13.50 SF/Yr.
What are key features of this property?
This property features: Direct frontage on US‑1 in Downtown Melbourne.; Easy access to I‑95 (6.8 miles).; Clear span warehouse and flex/office space.
(321) 722-0707 Call to check price and availability
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