FOR SALE 3 INDUSTRIAL 100% LEASED BUILDINGS...FOR SALE 3 INDUSTRIAL 100% LEASED BUILDINGS 2280,...
Transcript of FOR SALE 3 INDUSTRIAL 100% LEASED BUILDINGS...FOR SALE 3 INDUSTRIAL 100% LEASED BUILDINGS 2280,...
The Ullian Realty Corporation 1800 Penn Street Melbourne, FL 32901 321.729.9900 ullianrealty.com
Michael S. Ullian, President, CCIM, SIORLicensed Real Estate Broker
Cell: [email protected]
The information provided is subject to change without notice. The Ullian Realty Corporation assumes no responsibility for any errors, omissions, or changes.
OFFERING SUMMARYSale Price: $5,810,500 ($54.17 PSF)
Cap Rate: 7.00%
NOI: $406,735 ($3.79 PSFaverage, below marketrents, potential upside)
Facility SF: 107,264 SF
Zoning: Heavy Industrial (HI)
2018 NOI: $406,735 (100% Leased)National, regional, and local Tenants Confidentiality Non-Disclosure Agreement (CNDA)Buyer qualification, prior to receiving additional info.Three (3) Building Complex Totaling 107,264 SF, Pre-engineered Metal Frame, ConcreteBlock and Metal Panel, interior’s mixture of office/showroom areas 100% HVAC, andwarehousing/manufacturing, 100% wet fire sprinklered, single & 3 phase electric, numerousOHD’s either grade, deep well dock or and height for trucking, some outside storage, concrete/asphalt paving. Some mezzanine storage space with concrete deck not included in total squarefootage above, provides benefit to some tenants at no extra expense. Water, Sewer, NaturalGas, FPL Electric
PROPERTY OVERVIEW
Well located office, showroom, warehouse, and manufacturing complex, with easy access toUS 1 and Interstate 95. Located in the heart of the Palm Bay Industrial area, near HarrisCorporation, Raytheon, DRS, UPS, and numerous companies nearby. Melbourne OrlandoInternational Airport is approximately 5 miles north. Besides the Palm Bay Melbourne area,Brevard County is also the home to Kennedy Space Center, Port Canaveral Disney Cruises, andWorld-Famous Cocoa Beach. Brevard County is located on the east coast of Floridaapproximately half way between Jacksonville / Miami, and approximately an hour drive fromOrlando.
LOCATION OVERVIEW
Executive Summary
FOR SALE 3 INDUSTRIAL 100% LEASED BUILDINGS2280, 2284, 2288 Wilhelmina Court, Palm Bay, FL 32905
ATTENTION INVESTORS INCOME PRODUCING OFFICE WAREHOUSE COMPLEX
The Ullian Realty Corporation 1800 Penn Street Melbourne, FL 32901 321.729.9900 ullianrealty.com
Michael S. Ullian, President, CCIM, SIORLicensed Real Estate Broker
Cell: [email protected]
The information provided is subject to change without notice. The Ullian Realty Corporation assumes no responsibility for any errors, omissions, or changes.
SALE PRICE $5,810,500
LOCATION INFORMATION
Street Address 2280, 2284, 2288 Wilhelmina Court
City, State, Zip Palm Bay, FL 32905
County/Township Brevard
BUILDING INFORMATION
Building Size 107,264 SF
NOI $406,735
Cap Rate 7.00%
Price / SF $54.17
Occupancy % 100%
2280 Units A, B, C (South Building) Total 68,564
SF (Approx. 120’ x 580’)
Iron Mountain 24,864 SF
Pods 43,700 SF
2284 B, C & D (NW Building) Total 23,700 SF
(Approx. 75’ x 325’)
CED 11,200 SF
Larrabee Haunted Lair 5,000 SF
ECA 7,500 SF
2288 (NE Building) Total 15,000 SF
(Approx. 75’ x 200’)
NEXGEN 15,000 SF
PROPERTY DETAILS
Property Type Industrial
Property Subtype Manufacturing
Zoning Heavy Industrial (HI)
Lot Size 5.78 Acres
APN# 2825146
Property Details
FOR SALE 3 INDUSTRIAL 100% LEASED BUILDINGS2280, 2284, 2288 Wilhelmina Court, Palm Bay, FL 32905
The Ullian Realty Corporation 1800 Penn Street Melbourne, FL 32901 321.729.9900 ullianrealty.com
Michael S. Ullian, President, CCIM, SIORLicensed Real Estate Broker
Cell: [email protected]
The information provided is subject to change without notice. The Ullian Realty Corporation assumes no responsibility for any errors, omissions, or changes.
Building Photos
FOR SALE 3 INDUSTRIAL 100% LEASED BUILDINGS2280, 2284, 2288 Wilhelmina Court, Palm Bay, FL 32905
The Ullian Realty Corporation 1800 Penn Street Melbourne, FL 32901 321.729.9900 ullianrealty.com
Michael S. Ullian, President, CCIM, SIORLicensed Real Estate Broker
Cell: [email protected]
The information provided is subject to change without notice. The Ullian Realty Corporation assumes no responsibility for any errors, omissions, or changes.
Building Photos
FOR SALE 3 INDUSTRIAL 100% LEASED BUILDINGS2280, 2284, 2288 Wilhelmina Court, Palm Bay, FL 32905
Tenants at Palm Bay One Industrial Complex Iron Mountain Information Management, LLC (IRM) NYSE IRM is a global business dedicated to storing, protecting and managing, information and assets. Additional information regarding Iron Mountain can be found at: http://www.ironmountain.com PODS Enterprises, LLC (PODS) Privately held, Franchising and Company owned stores, residential/commercial moving & storage company with locations across the United States, Canada, Australia and the UK, founded in 1998, headquartered in Clearwater Florida. Additional information regarding PODS can be found at: https://www.pods.com NEXGEN Framing System, LLC (NEXGEN) Specializes in manufacturing steel thermal insulated frames for the building envelope, cold formed steel truss systems for roof and floor construction, and cold formed steel wall panels for interior framing. Additional information regarding NEXGEN can be found at: http://nexgenframing.com Consolidated Electrical Distributors, Inc. (CED) Full-service electrical distributor dedicated to supporting the electrical requirements of industrial, contractor, and OEM customers. Coast-to-coast network with more than 600 locations. Additional information regarding CED can be found at: http://www.cednw.com James Larrabee Construction, Inc. (The Haunted Lair Non-profit) Open to the public (fee to enter), Haunted house experience, since 2009. Use student volunteers and support local non-profits with price discounts when bringing canned goods or household item. Additional information regarding The Haunted Lair can be found at: https://www.thehauntedlair.com East Coast Applicators, Inc. (ECA) Established in 1996, a leader in Passive Fire Protection. January 2018 ECA aligned with Alltrin Ltd., the Caribbean's Leader in Passive Fire Protection to further strengthen its position geographically. The Combined technical support staff have over 40 years of experience in Code requirements, systems and project evaluation that, drill down Into field application. Additional information regarding East Coast Applicators can be found at: http://eastcoastapplicators.com
FOR SALE 3 INDUSTRIAL 100% LEASED BUILDINGS2280, 2284, 2288 Wilhelmina Court, Palm Bay, FL 32905
The Ullian Realty Corporation 1800 Penn Street Melbourne, FL 32901 321.729.9900 ullianrealty.com
Michael S. Ullian, President, CCIM, SIORLicensed Real Estate Broker
Cell: [email protected]
The information provided is subject to change without notice. The Ullian Realty Corporation assumes no responsibility for any errors, omissions, or changes.
The Ullian Realty Corporation 1800 Penn Street Melbourne, FL 32901 321.729.9900 ullianrealty.com
Michael S. Ullian, President, CCIM, SIORLicensed Real Estate Broker
Cell: [email protected]
The information provided is subject to change without notice. The Ullian Realty Corporation assumes no responsibility for any errors, omissions, or changes.
Survey
FOR SALE 3 INDUSTRIAL 100% LEASED BUILDINGS2280, 2284, 2288 Wilhelmina Court, Palm Bay, FL 32905
The Ullian Realty Corporation 1800 Penn Street Melbourne, FL 32901 321.729.9900 ullianrealty.com
Michael S. Ullian, President, CCIM, SIORLicensed Real Estate Broker
Cell: [email protected]
The information provided is subject to change without notice. The Ullian Realty Corporation assumes no responsibility for any errors, omissions, or changes.
Location Maps
FOR SALE 3 INDUSTRIAL 100% LEASED BUILDINGS2280, 2284, 2288 Wilhelmina Court, Palm Bay, FL 32905
The Ullian Realty Corporation 1800 Penn Street Melbourne, FL 32901 321.729.9900 ullianrealty.com
Michael S. Ullian, President, CCIM, SIORLicensed Real Estate Broker
Cell: [email protected]
The information provided is subject to change without notice. The Ullian Realty Corporation assumes no responsibility for any errors, omissions, or changes.
Regional Maps
FOR SALE 3 INDUSTRIAL 100% LEASED BUILDINGS2280, 2284, 2288 Wilhelmina Court, Palm Bay, FL 32905