Office Suite with Six Private
5460 Village Drive, Rockledge, FL 32955
For Sale
Contact for pricing
A 9,880-square-foot professional suite includes reception, meeting, and support areas.
Property Size9,880 SF
Price / SF$0.60
Days on Market48
Property Features for 5460 Village Drive
General Information
Standard status
Size
Amenities
abundance of natural light
10-foot ceilings
welcoming lobby with receptionist workstation
six private offices
spacious conference room
kitchenette
two handicap-accessible restrooms
Listing Agency:
SouthTrend Realty
(321) 752-1199
Listed By:
Adam Rathbun · License FL #601973
(321) 266-9200
Source:
Startbrevardsearch
Added: Sep 26
Changed: Oct 25
Last Checked: Nov 12 at 7:27AM
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 SouthTrend Realty
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Investment Insights
Based on property information with market context.
The 9,880-square-foot office suite at 5460 Village Drive in Rockledge is arranged with a lobby and receptionist workstation, six enclosed offices, a conference room, and a kitchenette. Two accessible restrooms serve the suite, and 10-foot ceilings and windows on each exterior wall bring natural light into the space.
Parking is available on both the east and west sides of the building, with access from either side for staff and visitors.
Parking is available on both the east and west sides of the building, with access from either side for staff and visitors.
Key Highlights
- 9,880‑square‑foot office suite
- Six private offices and a spacious conference room
- Lobby with receptionist workstation and kitchenette
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$134,981
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,699,620
$2.7M
Cap Rate 7%
$1,928,300
$1.9M
Cap Rate 9%
$1,499,789
$1.5M
Market Conditions
NOI Build-Up for 9,880 SF
Gross rent
$195.6K $19.80/SF
− Vacancy
−$15.6K −$1.58/SF
EGI
$180.0K $18.22/SF
− OpEx
−$45.0K −$4.55/SF
NOI
$135.0K $13.66/SF
Area
Brevard County, FL
Vacancy
8.00%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,699,620
Cap Rate 7%
$1,928,300
Cap Rate 9%
$1,499,789
Alternative Uses
Best Use
Office B
$1.93M
$1.69M – $2.25M
NOI $134,981 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.88M
$2.52M – $3.36M
NOI $201,671 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
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Business Placement
Demographics for 32955, FL
40,275
Population
19,281
Households
2.1
Avg Household Size
46
Median Age
38%
College-Educated
94%
High-School Grad
50.9 sq mi
ZIP Area
791
Density / Sq Mi
$85,133
Median Household Income
$43,574
Median Earnings
$1,656
Median Rent
$327,000
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Brevard County, FL
Properties on Market for Office Units in Brevard County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A 9,880-square-foot professional suite includes reception, meeting, and support areas.
Where is this office unit located?
The property is located at 5460 Village Drive Rockledge, FL.
What are key features of this property?
This property features: 9,880‑square‑foot office suite; Six private offices and a spacious conference room; Lobby with receptionist workstation and kitchenette
