Atrium Corporate Center
SOLD July 2020 for $2,425,000
780 S. Apollo Boulevard, Melbourne, Florida 32901
| Building Size | 24,343 Square Feet |
| Land Size | 1.66 Acres |
| Zoning | C-P |
| Parking | 87 |
| Year Built | 1985 |
| Renovated | 2019 |
OVERVIEW
- Upside, Upside, Upside. Opportunity to purchase a high quality professional office building with tremendous upside and a location that should increase in value once Nasa Boulevard is connected to I-95 in 2020. The property's common areas and exterior have been refurbished within the past year.
LOCATION
- Located on Apollo Boulevard between Nasa Boulevard and Babcock Street. Close proximity to the Orlando-Melbourne International Airport, Downtown Melbourne, and Health First Regional Hospital. New I-95 & Nasa Boulevard exit set to open in mid-2020.
HIGHLIGHTS
- $114,000 current Net Income at 51% occupancy
- $259,000 pro-forma Net Income at full occupancy
- Viasat 7,330 sf; Johnson & Johnson 2,349 sf; DNK Legal 1,938 sf
- Signed CNDA required for review of leases and financials
Agent
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Office Phone: (321) 729-9900 ext. 17Mobile: (321) 258-7556
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.