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6022 N Wickham Rd 3,922 SF 100% Leased Office Building Melbourne, FL 32940 $2,534,333 ($646.18/SF) 6% Cap Rate



Investment Highlights
- Prime location off bustling Wickham Rd with excellent visibility
- Each entrance features designated handicap parking spaces
- Well-designed building with 4 separate access points
Executive Summary
A secure, zero-headache placement for investor capital, the entire building under a single Master Lease. This means you secure a guaranteed 6% yield from day one, without ever managing a subtenant, handling a vacancy, or chasing rent from multiple individual businesses. We absorb 100% of the operational and vacancy risk, providing you with a flawless "mailbox money" asset. Situated on approximately 0.71 acres, this 7,603 square foot office condominium provides ample space for a variety of professional uses. Centrally located with quick access to I-95, US-1, and the scenic riverside corridor, this property ensures easy connectivity for clients and staff alike. The site is serviced by South Central Sewer and the Cocoa Water Utility. Ideal for real estate offices or other professional services, this property presents a strong opportunity to establish or expand your presence in a thriving market.
Property Facts
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Office
Building Size
3,922 SF
Building Class
C
Year Built
2021
Price
$2,534,333
Price Per SF
$646.18
Cap Rate
6%
NOI
$152,060
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,922 SF
Building FAR
0.47
Lot Size
0.19 AC
Zoning
BU-1 - Business Commercial
Parking
49 Spaces (12.49 Spaces per 1,000 SF Leased)
Amenities
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- RE/MAX ELITE
- Real Estate
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| RE/MAX ELITE | Real Estate | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 26-36-24-00-00006.F-0000.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,097,320 |
Property Taxes
Parcel Number
26-36-24-00-00006.F-0000.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,097,320
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6022 N Wickham Rd
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