7 Units
8,720 SF
0.54 acres
1 stories
Built in 1984
Contact Agents
Property Documents
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Ray Turchi
Senior Managing Director Investments
[email protected]
Senior Managing Director Investments
[email protected]
(407) 557-3847 (office)
(321) 297-6576 (mobile)
David Vaughan
First Vice President Investments
[email protected]
First Vice President Investments
[email protected]
(407) 557-3829 (office)
(407) 718-2874 (mobile)
Quint Schenck
Real Estate Investment Advisor
[email protected]
Real Estate Investment Advisor
[email protected]
(407) 557-3818 (office)
(407) 913-8680 (mobile)
Investment Highlights
·8,720 SF Industrial Flex/Warehouse
·Property currently generates $64,284 in Gross Revenue with well below market rents and Short- Term Leases
·7 Flex Units and (1) 1,000 SF Detached Garage
·9 Roll-Up Doors | 12’ Ceiling Height
·Strong Historical Occupancy During 32-Year Ownership Period
·Priced Well Below Replacement Cost ($114.56)
·Located Directly off Highway 1/Rockledge Boulevard With Immediate Access to I -95 to the West
·Less Than One-Mile From Publix, Planet Fitness, CVS and Rockledge Regional Medical Center (298 Beds)
·30 -Minute Drive South to Orlando -Melbourne International Airport
Key Metrics
Cap Rate Current Year:
8.00%
Price/ SF
$114.56
Listing Agents: