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Undisclosed Address in Palm Bay, FL 32905
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$2,925,000
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Home Details
Price
$2,925,000
Type
Commercial/Industrial
Total Bathrooms
3
Year Build
2023
Sq. Ft.
17482
Lot Size
1.78
County
Brevard
Tax
$2,871.4
MLS®️ Listing#
1057114
On exitrealty.com
126 days
Property Description
Excellent opportunity to purchase a 100% Occupied income producing multi-tenant warehouse in northeast Palm Bay! There are 11 Tenants, which total 17,482 SF. Each unit is individually metered for electric. Water is common and is included in the CAM. Est. 2025 NOI is $248,736 which is an 8.5% CAP. Property is 100% occupied. The leases are NNN structures. 2023 construction. Total of 45 10' x 10' +/- grade level doors. Interior has concrete flooring throughout. Clear height ranges 11' - 14' +/-. Utilities include City Water/Sewer and 3-phase FPL Electric. Property is strategically positioned just off of Palm Bay Road which is the primary area connector between Interstate 95, Babcock Street and US1. Surrounding employers include L3Harris, ABC Supply, Tibbetts Lumber and Leonardo DRS to name a few. Lots of schools, restaurants, healthcare and childcare in the area. Call today for details!
- Utilities
- Electricity Connected
- Sewer Connected
- Water Connected
- Water Features
- Public
- Parking
- Parking Lot
Listing Courtesy: The Ullian Realty Corporation - 321-729-9900
The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of Brevard MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Brevard MLS. All Rights Reserved.
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Market statistics compiled from data from Brevard County MLS (Melborn/Space Coast).
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