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6022 Farcenda Pl 7,603 SF 100% Leased Office Building Melbourne, FL 32940 $3,019,456 CAD ($397.14 CAD/SF) 7% 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 7% 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. 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
Sale Condition
Sale Leaseback
Property Type
Office
Building Size
7,603 SF
Building Class
A
Year Built
2021
Price
$3,019,456 CAD
Price Per SF
$397.14 CAD
Cap Rate
7%
NOI
$211,362 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,603 SF
Building FAR
0.90
Lot Size
0.19 AC
Zoning
BU-1 - Business Commercial
Parking
49 Spaces (12.49 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $3,328,948 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,328,948 CAD
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
RE/MAX Elite
6022 Farcenda Pl
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