1050 Satcom Ln - Office FOR SALE


Melbourne, FL 32940- Suburban Melbourne
$17,900,000 USD
321-334-3182
1050 Satcom Ln, Melbourne, FL for Sale
$17,900,000 USD
Office - FOR SALE
1/76
null | Request Cap Rate

1050 Satcom Ln
Melbourne, FL 32940
Suburban Melbourne


HIGHLIGHTS

  • 1050 Satcom Lane features 61,819 SF of luxurious, Class A office space on 9.6 acres, redefining quality, innovation, and executive workplace design.
  • Anchored by industry-leading tenant Gogo Satcom Direct with a 7- to 10-year leaseback, providing immediate cash flow and long-term income stability.
  • Executive offices and conference rooms overlook a serene spring and lush green space, setting the tone for a truly elevated work environment.
  • Built in 2015 and designed for durability and efficiency with Type II-B non-combustible construction, reinforced concrete, and thermal glass finishes.
  • Enjoy amenities like gourmet kitchens, conference rooms, a fully equipped fitness center, locker rooms, a café, a lounge, and outdoor dining areas.
  • Ideally located just off US 1 and Viera Boulevard, providing high-traffic exposure, excellent access, and proximity to Florida's Space Coast hub.

OVERVIEW

A key advantage of this offering is the presence of a globally recognized, mission-critical anchor tenant, Gogo Satcom Direct, which intends to lease back approximately 30% of the facility for a term of seven to 10 years following the sale. This leaseback arrangement provides immediate, stable cash flow and long-term income security from a creditworthy, industry-leading occupier. As the current global headquarters for Gogo Satcom Direct, this facility is integral to the company's ongoing operations, underscoring its long-term commitment to the property and enhancing overall investment stability. Presenting one of the most architecturally striking and meticulously crafted Class A executive office buildings on Florida's Space Coast, 1050 Satcom Lane presents an exceptional investment opportunity. Redefining luxury, quality, and innovation, this 61,819-square-foot masterpiece, completed in 2015, spans over 9.6 acres of professionally landscaped grounds—delivering an exceptional fusion of sophistication and functionality. This building offers unmatched amenities designed to support a healthy, upscale lifestyle for a business and its employees, including multiple executive conference and high-level security rooms, a state-of-the-art gym, private men's and women's locker rooms, multiple gourmet chef kitchens, an elegant lounge area, a café, a grand lobby reception, an outdoor dining space, and much more. Ideally positioned off US 1 and Viera Boulevard, the property benefits from high-traffic exposure and superior connectivity. Constructed with Type II-B construction (100% non-combustible materials), reinforced concrete, a metal frame, and thermal glass finishes, 1050 Satcom Lane is built to endure. Every element, from premium finishes to cutting-edge infrastructure, reflects an unwavering dedication to excellence. This state-of-the-art executive office building is designed for ultimate resilience and uninterrupted operations. Equipped with a high-capacity diesel backup generator, the building has the capability to sustain full functionality off the grid for nearly a year. Whether facing power outages, extreme weather conditions, or unexpected disruptions, this property ensures seamless business continuity, making it a truly self-sufficient and future-proof investment. 1050 Satcom Lane is more than just an office building; it is a statement of prestige and ambition and an unrivaled opportunity for companies to establish themselves in a setting that defines success through a legacy in the making. Claim a flagship headquarters in one of Florida's most sought-after markets, where global industry leaders are making their mark. This is a rare opportunity to secure a place at the forefront of business growth.

FOR SALE DETAILS

PRICE

$17,900,000 USD

PRICE/SF

$290 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space, Medical, Telecom Hotel/Data Hosting

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

9.6 AC

LAND SF

418,176 SF

ZONING

RP

APN/PARCEL ID

25-36-35-RH-000EE.0-0000.00

ASK ABOUT THIS PROPERTY

James EdmundsONE Sotheby's International RealtyMore Info
321-334-3182

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James EdmundsONE Sotheby's International RealtyMore Info
321-334-3182

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.