1735 Hibiscus Blvd Melbourne, FL 32901-2612
This exceptional Class B office building, situated in Melbourne's vibrant business district at 1735 W Hibiscus Blvd, presents a unique leasing opportunity. Boasting 5,987 square feet of adaptable space on the third floor, this property offers a private lobby and elevator access, ensuring both privacy and convenience. Built in 2000, the 17,000 square foot building features a total of six suites across three stories, with ample parking to accommodate larger firms. The space is highly functional, including over 15 private offices, multiple conference rooms, a fully equipped kitchenette, and ADA-compliant restrooms. A tenant improvement allowance is available for cosmetic updates, allowing customization to perfectly suit your business needs. The lease rate is $21 per square foot, NNN. This location offers unparalleled access to a variety of dining, shopping, and entertainment options, providing a desirable work-life balance. The property sits on a 1.5-acre lot and is zoned GC, providing flexibility for various business uses. The building is equipped with 220-volt power. This is an exceptional opportunity to secure a prominent location in Brevard County's thriving commercial center. Don't miss this chance to establish your business in this dynamic and convenient environment.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
CC2 · Melbourne, FLMelbourne. Always verify with local authorities before improvements.
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.