This Industrial Property is Off-Market.

5200 S. Washington Ave.

Titusville, FL 32780 · Industrial For Sale

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Titusville Centroplex

Price N/A Commission Split 3%
Building Size 89,900 SF Cap Rate 7%
Property Type Industrial Occupancy 100%
Property Sub-type Office Showroom Tenancy Single
Additional Sub-types
  • Retail (Other)
  • Office Condo
Lot Size 7 AC
Property Use Type Net Lease Investment with 10+ years left on lease Features
  • Fenced Yard
  • Trailer Parking
  • Electricity/Power
  • Rail
  • Sprinklers
Listing ID: 15312099 Date Created: 08/29/2007 Last Updated: 06/30/2008

Description

The Titusville Centroplex property is composed of three main structures:
Building 1 (5200 S. Washington): 34,750 s.f. 2-story office, glass, concrete and block modern style structure. Renovated on January 2008.
Building 2 (5130 S. Washington): 25,505 s.f. warehouse, industrial.
Building 3 (5120 S. Wahington): 29,750 s.f. office/warehouse, industrial.

All three buildigns currently occupied by a single tenant, Eckler Industries -- the nation' s largest catalog and internet seller of parts and accessories for classic Chevrolet vehicles and Corvettes.

Lease yearly update by CPI.

Five year contract plus option to renew three more 5-year terms (total of 20 years).

Excellent Parking.

See site plan.

Titusville Centroplex is located on US1 just a half mile from SR 50/ Cheney Hwy, and 5 minutes away from downtown.

Close to Space Coast Regional Airport, and John F. Kennedy Space Center

Located just south of the US1 corridor study area.

Convenient access to all major highways

Highlights

  • High Visibility on major US highway
  • Close to Space Coast Regional Airport, and John F. Kennedy Space Center

Major Tenant Information

Tenant SF Occupied Lease Expires
Eckler Industries, Inc. 89,900 January 2013

Utilities

  • Fenced Yard
  • Trailer Parking
  • Electricity/Power
  • Rail
  • Sprinklers

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