Hibiscus Business Center

1101 - 1103 W Hibiscus Blvd, Melbourne, FL

$16 to $20/sqft/yr

Price

7%

Cap Rate

32,135 sqft

Building Size

Gallery
Street
Map
Overview
Cap Rate
7%
Building Size
32,135 sqft
Lot Area
2.34 acres
Class
B
Year Built
1978
Floors
1
Description

Multi-tenant office property. Common areas include restrooms, hallways, elevators, stairwells and garden seating areas with running water fountains. Conveniently located and close to shopping, restaurants, Melbourne International Airport and some of Brevard County’s largest employers. Bus stops are located in front of and across Hibiscus Blvd. with signalized traffic light for crossing.

Located on the SW corner of Hibiscus Blvd. and Dairy Rd. minutes from Melbourne International Airport.

Highlights
  • Well maintained property and lush landscaping
  • Quiet and peaceful environment
  • Great tenant mix
  • Low vacancy rates
  • On-site maintenance
  • Janitorial service
  • Professionally managed and inspected regularly
  • Easy access from two main roads, Hibiscus Blvd. and Dairy Rd.
  • Small leasable spaces easily convert to larger spaces
  • Convenient and easy parking - ingress/egress
11 Spaces Available

1101 W Hibiscus Blvd / Suite 105, 105Building

Available:
Immediately
Sublease:
No
SQFT
1,200
Lease Rate:
$18/sqft/yr
Lease Type:
Gross

Reception and six offices. Storage room. Rent does not include electric. Two Entrances.
Street level, windows throughout.

1101 W Hibiscus Blvd / Suite 106B, 106BBuilding

Available:
Immediately
Sublease:
No
SQFT
600
Lease Rate:
$20/sqft/yr
Lease Type:
Gross

1101 W Hibiscus Blvd / Suite 203, 203Building

Available:
Immediately
Sublease:
No
SQFT
500
Lease Rate:
$20/sqft/yr
Lease Type:
Gross

2 offices, and storage. The room at the entrance may be used as a reception area with an office in the rear of the space. Restrooms located in the common areas.

1101 W Hibiscus Blvd / Suite 209, 209

Available:
Immediately
Sublease:
No
SQFT
530
Lease Rate:
$20/sqft/yr
Lease Type:
Gross

1101 W Hibiscus Blvd / Suite 210, 210Building

Available:
Immediately
Sublease:
No
SQFT
470
Lease Rate:
$20/sqft/yr
Lease Type:
Gross

This suite is available now! Small but quaint unit on the 2nd floor (no elevator access). Does have it's own bathroom.


Documents
Location
Gallery