$550,000
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700 S John Rodes B7 & B8 700 Boulevard Melbourne, FL 32904
Industrial
Residence
Beds
4
Baths
Sq. Ft.
Property Activity
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Excellent opportunity to purchase an income producing warehouse condo in the heart of Melbourne! Sale includes two adjoining 1,344 SF units = 2,688 SF footprint + bonus builtout upstairs 2,688 SF = 5,376 SF total. Floorplan is est. 1,151 SF warehouse + 4,225 SF HVAC office. Interior includes a recep...tion area, 6 offices, conference room, bullpen and a break room. There are two 9' wide x 10' tall +/- grade level doors. Currently 100% occupied. Landlord collects $6,300/month + FL Sales Tax. Lease term expires 9/30/2025. Tenant has two 1-year renewal options with 2% annual escalators. Tenant pays utilities, and interior maintenance up to $1,500. Landlord pays Property Taxes and Association Dues which are est. $322/month. Utilities include City Water/Sewer and 1-Phase FPL electric. Conveniently located on John Rodes Boulevard which is a direct connector between New Haven Avenue, Ellis Road & Eau Gallie Boulevard. Three Interstate 95 interchanges nearby.
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MLS#
1011883
Property Type
Industrial
Bathrooms
Year Built
1986
HOA Fee
$322
Monthly
Price per Sq. Ft.
$102.31
Sewer
Public Sewer
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