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HVAC Flex Space with Warehouse
New
For Lease
$12.75 SF/Yr CAM $3.84 /USD/SF/YR

746 North Drive, Melbourne, FL 32934

Configured for office and industrial operations with private offices, conference space, and a concrete-floor warehouse.

Space Size4,600 SF
Property Size11,350 SF
Days on Market5

Property Features for 746 North Drive

General Information

Standard status Active
Size 4,600 SF
Net Rentable 4,600 SF
Property subtype Industrial
Lease Term NNN

Space & Availability

Available Space 4,600 SF
Contiguous Space 4,600 SF
Space Use Flex
Meeting Rooms 1

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Warehouse & Industrial

Clear Height 14 ft
Warehouse Space 2,200 SF
Office Build-Out 2,400 SF
Drive-In Doors 1
Power 400 amps
Voltage 208 V
Three-Phase Power Yes
Conditioned Warehouse Yes

Additional Details

CAM $3.84 /USD/SF/YR

Building Details

Building Size 11,350 SF

Spaces For Lease

at 746 North Drive Contact us

746 North Drive, Suite A $12.75/SF/Yr

Size
4,600 SF
Type
Flex Space
Term
Negotiable
Contact us
Listing Agency: The Ullian Realty Corporation
Listed By: Michael S. Ullian, President, CCIM, SIOR · License #FL #BK447039
Source: Ullianrealty
Added: Aug 17 Changed: Aug 20 Last Checked: Aug 21 at 5:07AM

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 The Ullian Realty Corporation

Investment Insights

Based on property information with market context.

This flex space at 746 North Drive combines approximately 2,400 SF of office area with an approximately 2,200 SF warehouse, totaling approximately 4,600 SF. The office component includes multiple hard-wall offices, a conference room, and 2 restrooms. The warehouse has a concrete floor, estimated clear heights ranging from 11' 8" to 14', and two grade-level doors: one approximately 14' wide by 12' tall and another approximately 14' wide by 10' tall. The entire property is served by HVAC.

Building infrastructure includes city water and sewer, fiber service, and 3-phase 208Y/120 electrical power with 400A FPL service. The property is situated within the Melbourne Business & Industrial Park, near Melbourne-Orlando International Airport, L3Harris, Northrop Grumman, and Extant Aerospace. Access is available via nearby Interstate 95, Ellis Road, and Wickham Road.

Key Highlights

  • Approximately 4,600 SF total: 2,400 SF office plus 2,200 SF warehouse
  • 100% HVAC throughout the office and warehouse areas
  • Warehouse clear height estimated at 11' 8" - 14'

Property Analytics

Current Use

Royal Bio Tek Corporate Office Kona Gold Beverage, ... Big Box & Wholesale Store

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Hair Salon Nail Salon Law Firm

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

14 ft
Clear height
1
Drive-in doors
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$1.91 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

613
Businesses Nearby
Well-served
Demand for This Use

Demographics for 32934, FL

18,355
Population
7,987
Households
2.3
Avg Household Size
51
Median Age
42%
College-Educated
94%
High-School Grad
22.9 sq mi
ZIP Area
802
Density / Sq Mi
$102,871
Median Household Income
$51,988
Median Earnings
$1,782
Median Rent
$392,300
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 12% below the average of $14.54 /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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Configured for office and industrial operations with private offices, conference space, and a concrete-floor warehouse.
Where is this flex space located?
The property is located at 746 North Drive Melbourne, FL.
What is the lease rate?
The lease rate is $12.75 SF/Yr.
What are key features of this property?
This property features: Approximately 4,600 SF total: 2,400 SF office plus 2,200 SF warehouse; 100% HVAC throughout the office and warehouse areas; Warehouse clear height estimated at 11' 8" - 14'
More about this property
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