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747 Air Terminal Pky
Melbourne, FL 32901
Hyatt Place Melbourne Airport · Property For Lease · 91,000 SF

HIGHLIGHTS

  • https://buildout.com/website/HyattRooftop

ABOUT THE PROPERTY

Fully Built-Out Rooftop Restaurant - Just bring FF&E. The hotel has 143 rooms, with approx. 29,522 rooms occupied each year. With an average of 1.5 guests per room, this translates to 44,283 guests who have stayed overnight, providing a built-in audience. On a nightly basis, that’s an average of 163 guests within the hotel, with no other nearby restaurant options. There are 20,000 employees within 1 mile of this Hyatt working on Melbourne Airport property. There is embedded demand from hotel guests and nearby traffic that creates a foundation for success. The Hyatt Place hotel at Melbourne Orlando International Airport (MLB) is offering a unique rooftop restaurant with expansive views of the airport's runway. The restaurant would cater to local customers and 1 million annual passengers. The venue features a spacious bar and patio area, a 675 sq ft kitchen, and a 2,880 SF bar and patio area. The hotel's first floor is home to a Fixed Base Operator office, providing services to private pilots. The venue is also a sought-after destination for Florida's general aviation community, with an aircraft ramp planned for the next 12-18 months. The venue is located in Florida's Space Coast, a region experiencing rapid growth in the tech sector. With 1.8 million square feet of office space, it's perfect for business meetings, corporate events, and after-work gatherings. Located on the upper level of Melbourne Orlando International Airport's Hyatt Place hotel, this rare rooftop venue is 4,955 square feet and provides a dining experience with stunning views of the runway. This unique location combines the excitement of aviation with restaurant space alternatives, making it desirable to the local community, staff, and the many passengers who pass through MLB each year, which amount to $1 million+, including 300,000 European passengers via TUI Airlines. With 169,000 people living within a 15-minute drive and an average household income of $85,883 (expected to rise to $99,247 by 2028, per US Census - Esri forecasts), this area draws a wide range of visitors, from well-off retirees to young, well-paid "knowledge-economy" professionals and families, guaranteeing a steady stream of potential clients.Situated in the center of Florida's Space Coast, this venue is ideally situated to capitalize on the flourishing IT industry in the area. Professionals from a variety of industries are finding the area more and more appealing due to the quick expansion of high-tech jobs and the increase in average pay. With 20,000 employees at 1.8 million square feet of office space within a mile of the venue, this place is ideal for corporate events, business meetings, and after-work soirées.Brevard County has five modes of transportation: air, rail, space, sea, and roadway. It also boasts one of the largest Foreign Trade Zones in the country. This unusual place offers more than just food; it's a place that highlights Melbourne's growth as a booming tech Hub and well-liked travel destination.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Size 91,000 SF
Year Built 2023

FEATURES AND AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Digital key
  • Listing ID: 33013839

  • Date on Market: 8/30/2024

  • Last Updated:

  • Address: 747 Air Terminal Pky, Melbourne, FL 32901

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