3440 Hbr City Blvd Melbourne, FL 32935-5713
- Strip malls
- 53,744 SF
- 6.61 lot acres
Current Use by Public Records
- Mulberry Lane Cafe / Cafe / Bakery
Property Details for 3440 Hbr City Blvd
- Year built
- 1989
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 6.61 lot acres
- Property size
- 53,744 SF
- Zone code
- CP
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 27-37-05-00-00789.0-0000.00
- APU
- 9223372036854775807
Description
Rivercrest Professional Center offers two exceptional medical office suites for lease, ideally situated on US-1 just south of Pineda Causeway, providing convenient access to I-95. The building totals 4,140 square feet, with both suites currently vacant and immediately available. Suite 3542 encompasses 1,740 square feet and boasts a well-designed layout featuring a reception area, a spacious open area, and a private office. This suite is perfect for a practice requiring a combination of open and private spaces. Suite 3526 offers 1,200 square feet of flexible space, including an open area, multiple private offices, and a restroom. Both suites are adaptable to various medical specialties. The minimum divisible space is 1,740 square feet, with a maximum contiguous space of 1,740 square feet. The property is a multi-tenant building, offering a collaborative environment. The rental rate is $15.00 per square foot, triple net (NNN). This prime location ensures high visibility and easy accessibility for patients and staff. Don't miss this opportunity to establish or expand your medical practice in a thriving area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $6,730,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $5,820,000
- 6.5%
- $6,675,000
- 7%
- $6,570,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $6,450,000
- Geo Method
- $6,700,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $6,445,000
- Retail
- $5,525,000
- Mixed-Use
- $6,985,000
- Hospitality
- $6,045,000
- Educational
- $5,415,000
- Residential Income
- $6,950,000
- Energy
- $5,730,000
- Income-Based Land
- $6,655,000
- Food Service
- $6,195,000
Location Insight
- Map
- Local Demand
- City
- Melbourne
- County
- Brevard
- State
- Florida
- Longitude
- -80.644
- Latitude
- 28.164
- CBSA code
- 37340
- CBSA name
- PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
