HVAC Flex
New
For Lease
$13.50 SF/Yr
5121-5131 Industry Drive, Melbourne, FL 32940
Combination office and warehouse configuration serving flexible commercial operations.
Space Size2,400 SF
Property Size26,820 SF
Days on Market5
Property Features for 5121-5131 Industry Drive
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Industrial
Lease Term
NNN
Additional Details
Space Use
Flex / Office / Engineering Space
Building Details
Building Size
26,820 SF
Year Built
2004
Spaces For Lease
at 5121-5131 Industry Drive Contact us- Size
- 2,400 SF
- Type
- Flex Space
- Term
- Negotiable
5131 Suites 104-105 $13.50/SF/Yr
Listing Agency:
(321) 750-3439
Listed By:
Zach Ullian, SIOR
(321) 750-3439
Source:
Ullianrealty
Added: Aug 8
Changed: Aug 9
Last Checked: Aug 12 at 4:34AM
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 Zach Ullian, SIOR
Investment Insights
Based on property information with market context.
This 2004 flex property combines HVAC office space with warehouse area, creating a practical mix of finished workspace and storage or operational space. The allocation is approximately 40% office and 60% warehouse.
The property is located at 5121-5131 Industry Drive in Melbourne, Florida, within the Suntree Viera area. It is offered for rent.
The property is located at 5121-5131 Industry Drive in Melbourne, Florida, within the Suntree Viera area. It is offered for rent.
Key Highlights
- Approximately 40% HVAC office space and 60% warehouse area
- Flex‑space configuration combining finished office and warehouse functions
- Built in 2004
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.03 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
556
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
Market
Lease Benchmarks for Melbourne, FL
$14.54 /SF/Yr
Avg Asking Price
$9.95–$18.3 /SF/Yr
Price Range
6,597 SF
Avg Space Size
This space is priced 7% below the average of $14.54 /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 - Combination office and warehouse configuration serving flexible commercial operations.
Where is this flex space located?
The property is located at 5121-5131 Industry Drive 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: Approximately 40% HVAC office space and 60% warehouse area; Flex‑space configuration combining finished office and warehouse functions; Built in 2004
