Property Description

Well-maintained 9,000 square foot Flex Office/R&D building, ideally suited for engineering, technology, or light manufacturing uses.

Currently 100% occupied by a national, high-tech engineering tenant who has been in place for 20 years. A renewal for an additional 5-year lease term is currently under negotiation, offering stable income and long-term tenancy.

Constructed with concrete block and steel roof joists, this high-tech facility is fully climate-controlled and supported by robust infrastructure, including city water/sewer, fiber connectivity, and 3-phase power (currently wired for 120/240V, 1175 Amps via FPL).
The building is also equipped with secure high speed communication links and a secure area for systems development, test, maintenance, and enhancement.

The property is divided into three private units, each with its own front and rear entrances, dedicated electric meters, and separate HVAC systems. The units are partitioned into several private offices, conference rooms, restrooms, breakrooms, open workspaces, and storage areas. Each unit includes a front and rear pedestrian door and a rear overhead roll-up door. The east unit includes a dock door with loading well.

Floor covering is carpet and tile. There are eight restrooms, each containing one toilet and one sink. Ceilings are suspended acoustic fiber tile. Mezzanine storage area in the east portion of the building accessible via wood stairs.

According to the mutual easement for access and parking, each property is afforded one space per every 300 square feet of building area which would equate to 30 spaces.

Features include two grade-level roll-up doors and a 10’ x 10’ dock-height door with a sunken loading ramp (currently not in use), as well as 16' maximum ceiling height.

This is a turn-key investment with strong in-place cash flow and excellent utility for a wide range of uses.

Location Description

Located in the heart of West Melbourne, 1/2 mile from the I95 Ellis Road interchange, and only 5 miles from Melbourne Orlando International Airport, the location is ideal for businesses seeking convenience and visibility. West Melbourne has experienced steady population growth, driven by the local Space Coast economy, and proximity to major employers such as L3Harris Technologies and Northrop Grumman. Nearby amenities include Hammock Landing shopping center, dining options, and hotels. Easy access from every direction makes Fortune Place a highly attractive location for office and commercial use.