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Flex Space with Warehouse and Office
New
For Lease
$12 SF/Yr

2840 - 2850 Allen Hill Avenue, Melbourne, FL 32940

Small-bay units combine open warehouse area, office space, and private restrooms for each suite.

Space Size1,500 SF - 2,500 SF
Property Size13,875 SF
Days on Market2

Property Features for 2840 - 2850 Allen Hill Avenue

General Information

Standard status Active
Size 1,500 SF - 2,500 SF
Property subtype Industrial
Lease Term $3.50/sf NNN

Additional Details

Highway Access Yes
Clear Span Yes

Building Details

Building Size 13,875 SF
Year Built 1997

Spaces For Lease

at 2840 - 2850 Allen Hill Avenue Contact us

Unit B $13/SF/Yr

Size 1,875 SF
Term Negotiable
Contact us

Unit C $13/SF/Yr

Size 1,875 SF
Term Negotiable
Contact us

Unit F $13/SF/Yr

Size 1,500 SF
Term Negotiable
Contact us

Unit G $12/SF/Yr

Size 2,500 SF
Term Negotiable
Contact us
Listing Agency: Lightle Beckner Robison Inc
Listed By: Luke Brown · License #FL #SL3569606
Source: Teamlbr
Added: Oct 20 Changed: Oct 21 Last Checked: Oct 21 at 2:17AM

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

Rey
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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 flex property offers small-bay units configured with clear-span warehouse area and office space. Each unit has its own restroom. The building dates to 1997; typical improvements when a unit becomes vacant include LED lighting and fresh paint.

The property is near two I-95 interchanges and Pineda Causeway, with access toward Satellite Beach.

Key Highlights

  • Small‑bay flex units with clear‑span warehouse and office space
  • Individual restroom in every unit
  • Typical turnover improvements include LED lighting and fresh paint

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Wood Creators General Contractor Serenoa Artworks General Contractor Flip Flop Cabinet ... Hardware & Home Improvement Matt Kechele's Surfboards (Bike/Boat/Book/etc) Store Space Coast Building Real Estate Agency

Suggested Use

Top Pick Auto Repair Shop Parking Lot & Garage HVAC Service Garden Center Big Box & Wholesale Store Building Supply

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
Highway access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

789
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Melbourne, FL

$13.69 /SF/Yr
Avg Asking Price
$2.19–$22.65 /SF/Yr
Price Range
6,021 SF
Avg Space Size

This space is priced 12% below the average of $13.69 /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

Frequently Asked Questions

What type of property is this?
Flex space - Small-bay units combine open warehouse area, office space, and private restrooms for each suite.
Where is this flex space located?
The property is located at 2840 - 2850 Allen Hill Avenue Melbourne, FL.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Small‑bay flex units with clear‑span warehouse and office space; Individual restroom in every unit; Typical turnover improvements include LED lighting and fresh paint
More about this property
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