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Office

Elm Street Professional Building

1707 Elm St, Rockledge, FL 32955

Listing Price: $298,000

Cap Rate
7.87%
Gross SF
1,890
Rentable SF
1,890
Price/Gross SF
$157.67
Lot Size
0.14 acres
Year Built
1986

Investment Overview

Presenting a great opportunity in the bustlingSpace Coast market. Elm Street Professional Buildingis in the heart of Rockledge, Florida off BartonBoulevard conveniently located near I-95 and US 1.

Rockledge is 15 minutes from Viera, 20 minutes from Melbourne, and 45 minutes from Orlando. This office building with 1,890 rentable square feet is fully occupied with four tenants in six suites. Kylee Spa & Salon occupies three of the suites.

Nationally recognized retailers in the immediate area include Publix Super Market, Bealls, Family Dollar, Dollar General, CVS Pharmacy, Dollar Tree and Planet Fitness. Rockledge Regional Medical Center is roughly1.5 miles away and the leading fully-integrated and comprehensive health care provider on the Space Coast with two full-service acute care medical centers.

The Space Coast market was weakened some years ago due to NASA's downsizing but that is now history. The area has the largest share of science, technology, engineering and math jobs (STEM) in Florida. Northrop Grumman and Harris Corporation are there alongwith all the cutting-edge space exploration programsunderway by SpaceX, Blue Origin and United Space Alliance. Job growth has been fueled by the privatization of the aerospace industry, the emergence of government contracting jobs and a thriving port

Investment Highlights

  • Six Units | Fully Occupied
  • Private Entrances | Ideal Location
  • Ideal Location | Ample Parking | Built in 1986
  • 10' Story Height
  • Easy Access to I-95 and US-1 off Barton Boulevard
  • Located About One Mile From Publix Super Market and Rockledge Regional Medical Center

Exclusively Listed By

Financing By

Office

Elm Street Professional Building

Listing Price: $298,000

Cap Rate
7.87%
Gross SF
1,890
Rentable SF
1,890
Price/Gross SF
$157.67
Lot Size
0.14 acres
Year Built
1986

Investment Highlights

  • Six Units | Fully Occupied
  • Private Entrances | Ideal Location
  • Ideal Location | Ample Parking | Built in 1986
  • 10' Story Height
  • Easy Access to I-95 and US-1 off Barton Boulevard
  • Located About One Mile From Publix Super Market and Rockledge Regional Medical Center

Investment Overview

Presenting a great opportunity in the bustlingSpace Coast market. Elm Street Professional Buildingis in the heart of Rockledge, Florida off BartonBoulevard conveniently located near I-95 and US 1.

Rockledge is 15 minutes from Viera, 20 minutes from Melbourne, and 45 minutes from Orlando. This office building with 1,890 rentable square feet is fully occupied with four tenants in six suites. Kylee Spa & Salon occupies three of the suites.

Nationally recognized retailers in the immediate area include Publix Super Market, Bealls, Family Dollar, Dollar General, CVS Pharmacy, Dollar Tree and Planet Fitness. Rockledge Regional Medical Center is roughly1.5 miles away and the leading fully-integrated and comprehensive health care provider on the Space Coast with two full-service acute care medical centers.

The Space Coast market was weakened some years ago due to NASA's downsizing but that is now history. The area has the largest share of science, technology, engineering and math jobs (STEM) in Florida. Northrop Grumman and Harris Corporation are there alongwith all the cutting-edge space exploration programsunderway by SpaceX, Blue Origin and United Space Alliance. Job growth has been fueled by the privatization of the aerospace industry, the emergence of government contracting jobs and a thriving port

Exclusively Listed By

Financing By

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