222 Yellow Pl | Rockledge, FL 32955
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- LoopNet Team
222 Yellow Pl
Rockledge, FL 32955
Kroger (NYSE: KR) Delivery Hub | Absolute Net · Industrial Property For Sale
Investment Highlights
- Corporate Guaranteed Lease with Kroger Co., Inc (NYSE: KR) (Third Largest Grocery Store Chain in the U.S. | 2,400+ Locations Nationwide)
- Kroger Co. Has an Investment Grade Credit Rating of "BBB“ ($42.9B Market Cap | Total 2023 Revenue: $150.0B)
- Property to Receive Substantial Upgrades and Improvements (Capital Expenditures will be Funded by Tenant)
- New 5-Year Absolute Net Lease | 3% Annual Rental Increases (Zero Landlord Responsibilities | One 5-Year Option at FMV )
- Location Serves as Fulfillment Delivery “Spoke” for East Central Florida (Orders Originate from Customer Fulfillment Center in Groveland, FL)
- Strategically Positioned Facility with Quick Access (2.5 miles) to I-95 (Optimizes Delivery Strike Radius Up to 90 Miles )
Property Facts
| Property Type | Industrial | Year Built | 1987 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | B | Parking Ratio | 5.91/1,000 SF |
| Lot Size | 3.64 AC | Clear Ceiling Height | 18’7” |
| Rentable Building Area | 13,545 SF | No. Dock-High Doors/Loading | 12 |
| No. Stories | 1 | No. Drive In / Grade-Level Doors | 10 |
| Zoning | IU-1 (outdoor storage per - Light Industrial | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 3.64 AC |
| Rentable Building Area | 13,545 SF |
| No. Stories | 1 |
| Year Built | 1987 |
| Tenancy | Single |
| Parking Ratio | 5.91/1,000 SF |
| Clear Ceiling Height | 18’7” |
| No. Dock-High Doors/Loading | 12 |
| No. Drive In / Grade-Level Doors | 10 |
| Zoning | IU-1 (outdoor storage per - Light Industrial |
Amenities
- Fenced Lot
- Yard
Utilities
- Water - City
- Sewer - Septic Field
- Heating
Property Taxes
| Parcel Number | 25-36-23-00-00572.0-0000.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,367,430 |
Property Taxes
Parcel Number
25-36-23-00-00572.0-0000.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,367,430
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