1050 Satcom Ln 61,819 SF 5-Star Office Building Melbourne, FL 32940 $17,900,000 ($289.55/SF)

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INVESTMENT 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.
  • Executive offices and conference rooms overlook a serene spring and lush green space, setting the tone for a truly elevated work environment.
  • Enjoy amenities like gourmet kitchens, conference rooms, a fully equipped fitness center, locker rooms, a café, a lounge, and outdoor dining areas.
  • Anchored by a MISSION-CRITICAL, GLOBAL TENANT with a 7- to 10-year leaseback, providing immediate cash flow and long-term income stability.
  • Built in 2015 and designed for durability and efficiency with Type II-B non-combustible construction, reinforced concrete, and thermal glass finishes.
  • Ideally located just off US 1 and Viera Boulevard, providing high-traffic exposure, excellent access, and proximity to Florida's Space Coast hub.

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
61,819 SF
Building Class
A
LoopNet Rating
5 Star
Year Built
2015
Price
$17,900,000
Price Per SF
$289.55
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
30,910 SF
Building FAR
0.15
Lot Size
9.60 AC
Zoning
RP

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
2020 Population
5,008
36,960
78,456
2024 Population
4,696
36,228
82,747
Population Growth '20-'24
-6.2%
-2.0%
5.5%
2020 Households
2,093
15,737
32,634
2024 Households
1,953
15,340
33,980
Household Growth '20-'24
-6.7%
-2.5%
4.1%
Average Age
49
46
46
Median Household Income
$114,003
$93,908
$94,828
Daytime Employees
1,131
20,395
34,908
Total Businesses
136
2,309
4,083
College Degree + Higher
46%
48%
45%

NEARBY AMENITIES

RETAIL

Herc Rentals Rental Shop 7 min walk
CrossFit Fitness 10 min walk

HOTELS

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Home2 Suites by Hilton
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Hampton by Hilton
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Fairfield Inn
116 rooms
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PROPERTY TAXES

SALE ADVISOR

SALE ADVISOR

(321) 349-5068
Contact
James Edmunds, Real Estate Professional
(321) 349-5068
Contact
James Edmunds is highly experienced in both the luxury waterfront and commercial real estate arenas. He has built his reputation on the ability to define the needs that are unique to each client and finds solutions that are individually tailored. James has the most strategic market insights in the region by utilizing the latest technologies, market research, and business strategies. His name is synonymous for making the extraordinary become reality by setting records and breaking records from Northern Brevard County south to Fort Lauderdale. James has become a trusted source in the luxury real estate market by providing concierge customer service and a seamless real estate experience. He has the drive, persistence, creativity, and knowledge to exceed expectations. His career list to sale ratio is remarkable, demonstrating how effective his pricing and marketing strategies are. A trusted source in commercial real estate, James specializes in small to large projects from Cape Canaveral
south to Fort Lauderdale. With a skilled and discerning level of attention to detail, James has earned the trust and confidence of his clients through his ability to negotiate and manage complex transactions. He focuses on projects
that build wealth or generate income. He’s passionate about providing an honest and well-informed experience to his clients by taking an investment approach. His extraordinary talent of bringing developers, land owners and buyers together is well-known throughout the industry. Expert at collaboration, James has experience assembling many parcels from several owners together for one project. With a keen eye for identifying value in real estate, he is laser focused on land acquisition for developers and is renowned for his relentless pursuit of success and for his passion for numbers negotiating skills.
  • Listing ID: 34702068

  • Date on Market: 2/3/2025

  • Last Updated:

  • Address: 1050 Satcom Ln, Melbourne, FL 32940