175 E Nasa Boulevard E

Description

The property 175 E. Nasa Blvd (the Spacecoast) is comprised of a 3 story building with an elevator totaling 20,548 gross sf and 18,940 sf of net leasable space. Located in the heart of Melbourne and its High Tech Corridor, a mile or two to the west are L3Harris headquarters, GE, Northrop Grumman, Embraer, Aerion and the Orlando Melbourne International Airport. Directly to the south is Holmes Regional Medical Center and to the east are the Porsche, Mercedes-Benz and Audi dealerships before reaching the Intracoastal Waterway (Indian River). This building has been at the center of Melbourne from the beginning and it will continue to be in the center as the area expands. The tenants are an A-list group including the of Bank of America and two prestigious law firms.The world's top destinations are a short drive too, with the Kennedy Space Center just over a half an hour north and to the west in just over an hour you can reach Walt Disney World, Universal Studios, Sea World and the Orlando International Airport. Very few properties can offer this kind of location with growth guaranteed into the near future, and a beach community lifestyle that is priceless. This rare investment is 94% occupied with a CAP rate of 6.5.