Single Tenant / Long Term Lease / Fenced Yard
2575 Doreatha Fields Avenue NE, Palm Bay, Florida 32905
Sold: $2,750,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
11,734 sqft
Land Size
3.41 acres
Zoning
Light Industrial (LI)
Roof
New Roof in 2020
Parking
Ample Parking
Construction
CBS
Year Renovated
2020
Property Description
- 100% Occupied Single Tenant Property.
- 2 Buildings. Total of 11,734 SF. Paved/Fenced/Cleared Yard.
- New Roofs on Both Buildings in 2020 (Techgum Deck Fastened to Trusses).
- Republic Services has a 10-Year Agreement with City of Palm Bay Commencing 6/1/20.
- Long Term NNN Lease with Escalators Every 2-Years.
- Estimated 2022 NOI is $179,220 (6% CAP).
- Flexible Zoning Allows: Warehousing, Light Manufacturing, Outdoor Storage & More!
- Strategically Located off of Robert J. Conlan Boulevard with est. 16,800 VPD.
- CNDA Required for Additional Information (Call for Details).
- Located in the heart of Palm Bay just north of Robert J. Conlan Boulevard. Close proximity to US1, Palm Bay Road & Interstate 95 which makes this property easily accessible to the surrounding Restaurants, Childcare, Residential & Beaches that the area has to offer. Neighboring businesses include L3Harris, Raytheon, Leonardo DRS & UPS to name a few. The Melbourne International Airport is approximately 15-minutes away. Call today for details!
Location
Contact
Michael S. Ullian, CCIM, SIOR
The Ullian Realty Corporation
Office: (321) 729-9900 ext. 17
[email protected]