Sarno Professional Complex
$2,100,000
1380 Sarno Road, Melbourne, FL 32935
19,470 SF
Square Feet
$108
PPSF
Property Description
Opportunity to acquire Sarno Professional Center, a three-building professional office complex located at 1360–1380 Sarno Road in Melbourne, Florida. The property contains approximately 19,470 square feet across 14 units, with suite sizes ranging from approximately 1,100 to 2,200 square feet.
The two-story buildings feature concrete wall and concrete roof construction and sit on approximately two acres. The property offers direct access from Sarno Road, parking in front of each building, and a central Melbourne location near Orlando Melbourne International Airport, U.S. Highway 1, and the central business district. The complex has also received interior and exterior renovations, including updated paint, signage, and carpeting.
Property Details
Asset Type
Office
Year Built
1978
Zoning
CIA
Acres
2
Neighborhood
Melbourne
Submarket
Melbourne
ZIP
32935
Renovated
2018
Listing Type
sale
Offering Memorandum
Net Operating Income (NOI)
$0
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)
-$119,461
Cash-on-Cash Return
-22.75%
Monthly Debt Service
$9,955
Annual Debt Service
$119,461
View on Map
Address
1380 Sarno Road
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Melbourne Office Market Snapshot
Boundary boundary · Office · Sale
No investors found in this market.
