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1705 Berglund Lane - Viera Promenade, Melbourne, FL

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1705 Berglund Lane - Viera Promenade

Melbourne, FL 32940 - Brevard County Submarket

Property Type:Office Sub Type:- Status:Existing Year Built:2008
Stories:1 Typical Floor:12,303 SF Building Size:12,303 SF
For Sale Price:$3,800,000 Price/SF:$308.87
Cap Rate:7.89 %
Parking:Free Surface spaces are available; Ratio of 8.56/1,000 SF Amenities:Signage, Waterfront

Sale Notes:
Sale Lease Back with new 15 year term with one 15 year renewal. Annual escalator 2%. High end Medi Spa. Being sold at a 8 CAP.
Built in 2009 to withstand a CAT 4 Hurricane.
Vey high end build out.

Located at Viera Blvd & Murrell Rd in the heart of explosive high end growth area of Viera. Near high end shopping & dining at The Avenue . New Interchange at I 95 & Viera Blvd to be constructed in 2017 1/4 mile from site. Call Mike Jaffe at 321-258-3443 to discuss lease guarantee.

Coldwell Banker Paradise Realtors
Mike Jaffe
(321) 951-3300

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