5700 Highway 1 Melbourne, FL 32940
This exceptional Class A office building, located at 5700 N Hwy 1 in Melbourne, Florida, offers a variety of flexible spaces ideal for businesses of all sizes. Built in 2009, the 71,565 square foot Meridian Center Professional Center boasts a unique architectural design inspired by traditional European open studios. Large glass facades, curved panel walls, and projected panel entryways create a striking and modern aesthetic. The property is currently multi-tenant and offers suites ranging from a minimum of 1,200 square feet to a maximum contiguous space of 4,673 square feet. There are currently 5,873 square feet of vacant space available. The building features elevators for convenient access to all floors. Its prime location in Brevard County, Florida, zip code 32940, provides excellent visibility and accessibility. The property is suitable for a variety of uses, including traditional office, executive office, and medical office spaces. This is a rare opportunity to secure high-quality office space in a desirable location. Inquire today to learn more about available suites and lease terms.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.