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202 West Drive

Melbourne, FL 32904
  • $2,500,000
  • STATUS: Active
  • ON SITE: 70 Days
  • MLS #: 937291
UPDATED: 39 min ago
$2,500,000
  • 0
    BEDS
  • 1.86
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 12,000
    SQFT
  • $208
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1986

School Ratings & Info

Description

100% occupied single tenant manufacturing building. 6 year NNN lease expires 10/31/2027$183,600 NOI for 2022-2023 lease year2% annual base rent increasesConcrete block constructionNew Duro Last membrane roof installed in 2017 with 20 year warranty52 parking spacesElectrical 1600 Amp - 3 phase - 120/208 v100% air conditionedBuilding recently paintedCity water & sewer

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© 2022 Space Coast Association of REALTORS®, Inc. The data relating to real estate for sale or lease on this web site comes in part from the Brevard County Broker Reciprocity Database. Real estate listings held by brokerage firms other than Florida Life Real Estate Group are marked with the IDX logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Florida Life Real Estate Group.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. Data last updated: 2022-08-19T16:10:29.9.
www.floridaliferealestate.com/homes/129666060
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202 West Drive Melbourne, FL 32904

  • Price: $2,500,000
  • Status: Active
  • On Site: 70 Days
  • Updated: 39 min ago
  • MLS #: 937291
0
Beds
0
Baths
0
½ Baths
1.86
Acres
12,000
SQFT
$208
$/SQFT
1986
Built
Neighborhood:
Industrial Plaza Unit 1
Area:
331 - West Melbourne
Property Description
100% occupied single tenant manufacturing building. 6 year NNN lease expires 10/31/2027$183,600 NOI for 2022-2023 lease year2% annual base rent increasesConcrete block constructionNew Duro Last membrane roof installed in 2017 with 20 year warranty52 parking spacesElectrical 1600 Amp - 3 phase - 120/208 v100% air conditionedBuilding recently paintedCity water & sewer
Exterior Features

Construction Concrete Location Industrial Park Waterfront Present No

Interior Features

Clear Ceiling Height 12000.00 Cooling Central Building Flooring Other Heating Central Building

Property Features

Current Lease 4 - 6 YearsTriple Net Current Zoning Light Industria Fire Protection Smoke AlarmSmoke Detector Net Operating Income 183600.00 Possession Subject To Lease Real Estate Taxes 12602.50 Sale Includes Building & Land Special Info None Tax Year 2021 Tenant Pays CableCommon Area Maint.ElectricInsuranceRepairsSewerSewerTaxesTrashWater Terms Considered Cash Utilities 3-Phase ElectricPublic SewerPublic Water

Listing provided courtesy of The Ullian Realty Corporation.
© 2022 Space Coast Association of REALTORS®, Inc. All Rights Reserved.


© 2022 Space Coast Association of REALTORS®, Inc. The data relating to real estate for sale or lease on this web site comes in part from the Brevard County Broker Reciprocity Database. Real estate listings held by brokerage firms other than Florida Life Real Estate Group are marked with the IDX logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Florida Life Real Estate Group.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. Data last updated: 2022-08-19T16:10:29.9.
 
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New Smyrna Beach FL, 32169