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Atrium Corporate Center

  SOLD July 2020 for $2,425,000

780 S. Apollo Boulevard, Melbourne, Florida 32901


Building Size24,343 Square Feet
Land Size1.66 Acres
ZoningC-P
Parking87
Year Built1985
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

The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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