665 S Apollo Blvd - Medical FOR SALE


Melbourne, FL 32901
$2,699,372 USD
665 S Apollo Blvd, Melbourne, FL for Sale
$2,699,372 USD
Medical - FOR SALE
1/29
null | 6.69% Cap Rate

665 S Apollo Blvd
Melbourne, FL 32901


HIGHLIGHTS

  • NNN Long term tenant
  • Over 40 parking spaces

OVERVIEW

GREAT INVESTMENT OPPORTUNITY. STANDALONE BUILDING IN BREVARD COUNTY. 9,028 SQFT. LEASED TO STABLE LONG-TERM TENANT. The property is a standalone building, constructed in 1994 and renovated in 2022. It offers 9,028 square feet of usable space and sits on nearly an acre of land (43,124 square feet), with more than 40 parking spaces available. Currently, it is leased to a long-term medical tenant specializing in vision care. Tenant has occupied the building since 2019 and has renewed for another 5 years until December 28th, 2028, with option to renew for another 5 years until December 2033.

FOR SALE DETAILS

PRICE

$2,699,372 USD

PRICE/SF

$299 USD /SF

CAP RATE

6.69%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

44

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

CCP

APN/PARCEL ID

27-37-34-00-00264.0-0000.00

ASK ABOUT THIS PROPERTY

Carlos CaicedoRE/MAX CommercialMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Carlos CaicedoRE/MAX CommercialMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.