6055 Technology DR Active

Melbourne,FL 32904

$ 1399000

0 Bed

2 Baths

6520 SqFt


Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 6,520 sqft

Price per Sqft $214

MLS Listing ID 1016102

Total Fin. Sqft 6520

Originating Board Space Coast MLS (Space Coast Association of REALTORS®)

Year Built 1998

Annual Tax Amount $8,159

Tax Year 2023

Lot Size 0.760 Acres

Acres 0.76

Property Description

Excellent opportunity to purchase a 6,520 SF stand-alone warehouse in the heart of the Melbourne business & industrial park! Currently occupied with a national tenant. Est. 2024 NOI is $69,950 (5% CAP). Lease term expires 11/30/2026. Tenant has one 5-year renewal option. There is a 4% annual rent escalator. Concrete block structure, interior has est. 820 SF HVAC office + 5,700 SF warehouse. Clear height ranges 11' 6'' - 14' +/- in warehouse. There are four 12' x 12' +/- grade level doors. Utilities include City Water/Sewer and 120/240v 200A 1-Phase FPL electric. Interstate 95 and the Melbourne International Airport are nearby. Surrounding employers include L3Harris, Northrop Grumman, Amazon and GE to name a few.

Location

State FL

County Brevard

Area 331 - West Melbourne

Direction Starting on Ellis Road turn south onto Technology Drive. Property is located on the east side of Technology Drive. If you get to Progress Circle then you have gone too far south.

Interior

Flooring Concrete,Vinyl

Inclusions Building & Land

Exterior

Exterior Feature ExteriorFeatures

Parking Features Parking Lot

Utilities Available Electricity Connected,Sewer Connected,Water Connected

Roof Type Metal

Present Use Industrial

Garage No

Building

Lot Description Other

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 27-36-36-00-00272.0-0000.00

Acceptable Financing Cash,Conventional,Private Financing Available

Listing Terms Cash,Conventional,Private Financing Available

Special Listing Condition Presently Leased

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