Price Reduced: Income Property + Additional Industrial Land

605 N John Rodes Blvd Melbourne, FL 32934

605 N John Rodes Blvd, Melbourne, FL, 32934
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FOR SALE
Property Type:
Other Industrial
Amount:
$4,995,000
Last Verified:
Jun 05, 2024

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Description

100% Occupied Single Tenant Office/Engineering/Manufacturing Facility
Est. 9,060 SF Office + 21,720 SF Production/Integration = 30,780 SF Total
5-Year Term. Est. NOI $225,000 (est. 7% CAP)
City Water/Sewer, Fiber, 3-Phase, 266/480 V, 600 Amps
100% HVAC (Symphony EMS System). 100% Fire Sprinklered
City Desires Digital Light Dr Connection to John Rodes (North Boundary)
Tenant is Data Flow Systems, LLC, web site: https://dataflowsys.com established in 1981, provides remote monitoring and control for water, wastewater, and stormwater utilities. In 2023 Data Flow Systems was acquired by SmartCover Systems a portfolio company of XPV Water Partners, per web site: https://smartcoversystems.com/stories/smartcover-systems-acquires-data-flow-systems-enhancing-its-collection-system-optimization-technology

Located between Ellis Road & Eau Gallie Blvd. Near Wickham Road, US1, and three I-95 interchanges! Close to Melbourne International Airport, L3Harris, Northrop Grumman, and numerous employers. Call today for details!


Year Built: 1970
Building Size: 30780sq ft
Lot Size: 17.51 acres


Documents

Sale Brochure

Map of 605 N John Rodes Blvd, Melbourne, FL, 32934

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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