700 S John Rodes Blvd - Warehouse CONDO FOR SALE


Melbourne, FL 32904
$550,000 USD
321-750-3439
700 S John Rodes Blvd, Melbourne, FL for Sale
$550,000 USD
Warehouse CONDO - FOR SALE
1/20
null | 11.93% Cap Rate

700 S John Rodes Blvd
Melbourne, FL 32904


HIGHLIGHTS

  • Est. 1,151 SF Warehouse + 4,225 SF HVAC Office = 5,376 SF Total
  • LL Collects $6,300/month + FL Sales Tax
  • Term Expires 9/30/2025. Two 1-Year Tenant Renewal Options with 2% Annual Escalators
  • Tenant Pays Interior Maintenance up to $1,500. Tenant Pays Utilities
  • Two 9' Wide x 10' Tall +/- Grade Level Doors
  • Seller to Consider Financing Subject to Contract Terms & Buyer Credit

OVERVIEW

• Est. 1,151 SF Warehouse + 4,225 SF HVAC Office = 5,376 SF Total. • 2,688 SF Footprint + Upstairs 2,688 SF = 5,376 SF Total. • Interior: Reception, 6 Offices, Conference Room, Bullpen, Break Room. • Two 9' Wide x 10' Tall +/- Grade Level Doors. • LL Collects $6,300/month + FL Sales Tax. • Term Expires 9/30/25. Two 1-Year Tenant Renewal Options with 2% Annual Escalators. • Tenant Pays Interior Maintenance up to $1,500. Tenant Pays Utilities. • LL Pays Association Dues (est. $322/month) and Property Taxes. • City Water/Sewer, 1-Phase FPL Electric (3-Phase Nearby). • 6 Paved/Striped/Lighted Asphalt Parking Spaces. • Est. 2024 Monthly Association Dues are $161 Per Unit = $322 Total. • M-1 Zoning: Light Assembly/Manufacturing, Office, Warehouse & More! • Seller will Consider Financing Subject to Contract Terms & Buyer Credit.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$205 USD /SF

CAP RATE

11.93%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Collect Income or Occupy in Future

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, R&D, Telecom Hotel/Data Hosting

TOTAL BUILDING SIZE

13,440 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

M1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Zachary UllianThe Ullian Realty CorporationMore Info
321-750-3439

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Zachary UllianThe Ullian Realty CorporationMore Info
321-750-3439

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