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2023 Construction / 100% Occupied 2720 Kirby Cir NE 17,482 SF 100% Leased Flex Building Palm Bay, FL 32905 $2,925,000 ($167.31/SF) 8.50% Cap Rate
INVESTMENT HIGHLIGHTS
- 11 Warehouse Units. Total of 17,482 SF. 100% Occupied
- Est. 2025 NOI is $248,736 (8.5% CAP). NNN Lease Structures
- Concrete Flooring. Clear Height Ranges 11' - 14' +/-
- Each Unit Individually Metered for Electric. Common Water
- Total of 45 10' x 10' +/- Grade Level Doors
- Seller to Consider Financing Subject to Contract Terms & Buyer Credit
EXECUTIVE SUMMARY
• 11 Warehouse Units. Total of 17,482 SF.
• Each Unit Individually Metered for Electric. Common Water.
• Est. 2025 NOI is $248,736 (8.5% CAP). 100% Occupied. NNN Leases.
• Rent Roll & Leases will be Provided to Qualified Buyers.
• Total of 45 10' x 10' +/- Grade Level Doors.
• Concrete Flooring. Clear Height Ranges 11' - 14' +/-.
• Utilities: City Water/Sewer, 3-Phase FPL Electric.
• 14 Asphalt Paved/Striped/Lighted Parking Spaces.
• Seller to Consider Financing Subject to Contract Terms & Buyer Credit.
• Strategically positioned just off of Palm Bay Road which is the primary area connector between Interstate 95, Babcock Street and US1. Surrounding employers include L3Harris, ABC Supply, Tibbetts Lumber and Leonardo DRS to name a few. Lots of schools, restaurants, healthcare and childcare in the area. Make this the future home for your business today!
• Each Unit Individually Metered for Electric. Common Water.
• Est. 2025 NOI is $248,736 (8.5% CAP). 100% Occupied. NNN Leases.
• Rent Roll & Leases will be Provided to Qualified Buyers.
• Total of 45 10' x 10' +/- Grade Level Doors.
• Concrete Flooring. Clear Height Ranges 11' - 14' +/-.
• Utilities: City Water/Sewer, 3-Phase FPL Electric.
• 14 Asphalt Paved/Striped/Lighted Parking Spaces.
• Seller to Consider Financing Subject to Contract Terms & Buyer Credit.
• Strategically positioned just off of Palm Bay Road which is the primary area connector between Interstate 95, Babcock Street and US1. Surrounding employers include L3Harris, ABC Supply, Tibbetts Lumber and Leonardo DRS to name a few. Lots of schools, restaurants, healthcare and childcare in the area. Make this the future home for your business today!
PROPERTY FACTS
UTILITIES
- Water - City
- Sewer - City
1 1
PROPERTY TAXES
| Parcel Number | 28-37-23-02-00000.0-0002.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $889,710 |
PROPERTY TAXES
Parcel Number
28-37-23-02-00000.0-0002.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$889,710
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2023 Construction / 100% Occupied | 2720 Kirby Cir NE
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