Owner Occupy or Collect Rental Income | 640 Classic Ct
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Owner Occupy or Collect Rental Income 640 Classic Ct
9,500 SF 53% Leased Office Building Melbourne, FL 32940 $2,400,000 ($253/SF)
Investment Highlights
- Suite 102: 2,000 SF - Currently Vacant
- Suite 106: 2,500 SF - Medical Tenant - Lease Expires 6/1/2025
- No Tenant Renewal Options. LL Termination Option w/ 90-Day Notice
- Suite 104: 2,500 SF - Medical Tenant - Lease Expires 9/30/2028
- Suite 108: 2,500 SF - Owner Occupied - Will be Vacant Shortly After Closing
- DO NOT DISTURB OCCUPANTS
Executive Summary
• Suite 102: 2,000 SF - Vacant.
• Suite 104: 2,500 SF - Medical Tenant - Lease Expires 9/30/2028.
• Suite 106: 2,500 SF - Medical Tenant - Lease Expires 6/1/2025.
• Suite 108: 2,500 SF - Owner Occupied - Delivered Vacant Shortly After Closing.
• No Tenant Renewal Options. LL Termination Option with 90-Day Notice.
• Each Unit has Reception, Multiple Offices, Conference Room, Break Room, Multiple Restrooms.
• Utilities: Water/Sewer (Common), FPL Electric (Separately Metered).
• 38 Paved/Striped/Lighted Common Parking Spaces.
• BU-1-A Zoning: Office, Medical, Financial, Dental & More!
• DO NOT DISTURB OCCUPANTS.
• Strategically positioned in the center of Brevard County just off of the Murrell Road x Spyglass Hill Road intersection. Convenient access via nearby Interstate 95, Wickham Road, US1 and Stadium Parkway. Surrounding employers include the Brevard Zoo, Health First Viera Hospital, Brevard County Court House, and Viera High School to name a few. Call today for details!
• Suite 104: 2,500 SF - Medical Tenant - Lease Expires 9/30/2028.
• Suite 106: 2,500 SF - Medical Tenant - Lease Expires 6/1/2025.
• Suite 108: 2,500 SF - Owner Occupied - Delivered Vacant Shortly After Closing.
• No Tenant Renewal Options. LL Termination Option with 90-Day Notice.
• Each Unit has Reception, Multiple Offices, Conference Room, Break Room, Multiple Restrooms.
• Utilities: Water/Sewer (Common), FPL Electric (Separately Metered).
• 38 Paved/Striped/Lighted Common Parking Spaces.
• BU-1-A Zoning: Office, Medical, Financial, Dental & More!
• DO NOT DISTURB OCCUPANTS.
• Strategically positioned in the center of Brevard County just off of the Murrell Road x Spyglass Hill Road intersection. Convenient access via nearby Interstate 95, Wickham Road, US1 and Stadium Parkway. Surrounding employers include the Brevard Zoo, Health First Viera Hospital, Brevard County Court House, and Viera High School to name a few. Call today for details!
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
9,500 SF
Building Class
A
Year Built
2003
Price
$2,400,000
Price Per SF
$253
Percent Leased
53%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,500 SF
Building FAR
0.25
Land Acres
0.87 AC
Zoning
BU-1-A - Brevard County BU-1-A. Permitted uses include Office, Medical, Financial, Dental & more!
Parking
38 Spaces (4 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Conferencing Facility
- Signage
- Reception
- Drop Ceiling
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 26-36-11-31-00000.0-0002.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,427,980 |
PROPERTY TAXES
Parcel Number
26-36-11-31-00000.0-0002.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,427,980
-
Zachary Ullian -
The Ullian Realty Corporation
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Owner Occupy or Collect Rental Income | 640 Classic Ct
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