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Flex Building with Warehouse Bays
For Lease
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5145 Commercial Dr, Melbourne, FL 32940

Flex space offers about 3,000 SF of office and 9,210 SF of warehouse with five roll-up bays.

Space Size12,210 SF
Days on Market63

Property Features for 5145 Commercial Dr

General Information

Standard status Active
Size 12,210 SF
Property subtype FLEX_R_AND_D
Lease Type NNN

Additional Details

Service Bays 5

Spaces For Lease

at 5145 Commercial Dr Contact us

5145 Commercial Dr $14/SF/Yr

Floor
Bldg
Size
12,210 SF
Type
FLEX_R_AND_D
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Flex Space For Lease in North Melbourne! - Located in the Wickham Road Business...
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Listing Agency: JM Real Estate - Melbourne
Listed By: Nicole Reed · License #BK3408136
Source: Moodyscre
Added: Jul 7 Changed: Sep 3 Last Checked: Sep 7 at 7:17AM

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 JM Real Estate - Melbourne

Investment Insights

Based on property information with market context.

This flex building for lease includes approximately 3,000 SF of office space and about 9,210 SF of warehouse space. The office area features multiple private offices, a reception/waiting area, a kitchen, a conference room, storage, and two restrooms. The warehouse includes high ceilings, five bays with roll-up doors, and four restrooms, including two with a sink/toilet and two with a sink/shower.

Located in the Wickham Road Business Center just off Wickham Road at 5145 Commercial Dr, the property offers a large paved parking lot for day-to-day access.

Overall, the layout supports a combined office-and-warehouse operation with dedicated restroom facilities servicing both the office and warehouse areas.

Key Highlights

  • 12,210 SF +/- flex building with approximately 3,000 SF office space and 9,210 SF warehouse space
  • Warehouse includes 5 bays with rollup doors and high ceilings
  • Office space features multiple private offices, reception/waiting area, kitchen, conference room, storage, and 2 restrooms

Property Analytics

Current Use

HC2 Gym Gym & Fitness Center

Suggested Use

Top Pick Law Firm Restaurant Pharmacy Auto Repair Shop Parking Lot & Garage Auto Parts Store

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

5
Service bays
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

473
Businesses Nearby
Under-served
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

Market

Lease Benchmarks for Melbourne, FL

$13.11 /SF/Yr
Avg Asking Price
$2.19–$18.3 /SF/Yr
Price Range
6,248 SF
Avg Space Size

This space is priced 7% above the average of $13.11 /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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Flex space offers about 3,000 SF of office and 9,210 SF of warehouse with five roll-up bays.
Where is this flex space located?
The property is located at 5145 Commercial Dr Melbourne, FL.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: 12,210 SF +/- flex building with approximately 3,000 SF office space and 9,210 SF warehouse space; Warehouse includes 5 bays with rollup doors and high ceilings; Office space features multiple private offices, reception/waiting area, kitchen, conference room, storage, and 2 restrooms
(314) 795-4339 Call to check price and availability
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