Property summary
This single-story, 80,196 square foot Class B office building, constructed in 1989 and renovated in 2022, offers multiple tenancy options in a vibrant Melbourne, Florida location. The property boasts 21 suites, with available spaces ranging from 1,300 to 2,555 contiguous square feet, and a total of 5,705 square feet currently vacant. Situated on a 7.66-acre lot with ample free parking (500 spaces), the building enjoys a prime beachfront location, yet offers a quiet setting off the main thoroughfare. Building amenities include 24/7 access, on-site signage allowance, and highly competitive lease rates. The property is zoned 32935 in Brevard County and is conveniently located on Sarno Rd, near Sarno Rd, benefiting from high traffic volume (60,000 cars daily). The building is suitable for a variety of uses, including creative, medical, executive, and traditional office spaces, as well as retail and restaurant establishments. The minimum divisible space is 1,300 square feet. Building improvements are allowed.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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