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Progess Circle 
7605 Progress
Melbourne, FL 32935
County: Brevard
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(321) 720-5053 |
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Dealmakers Realty Inc
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| Property Use Type: | Investment |
| Type: | Industrial Warehouse |
| Building Size: | 10,000 SF |
| Lot Size: | 2.61 Acres |
| Clear Ceiling Height: | 12 ft. |
| Occupancy: | 100.00% |
| Price: | $799,900 |
| Price/SF: | $79.99 |
| Cap Rate: | 6.50% |
| Year Built: | 2000 |
| Date Last Verified: | 8/18/2008 |
| Property ID: | 14903785 |
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Property Description:
10,000 SF warehouse for sale in Melbourne, Florida. Currently there are 8 separate bays of 1250SF each. 17 ft ceiling height with overhead doors for each unit. Building sits on 2.53 acres zoned Industrial. 50+ parking spaces. City and water, Building was built in 2001. Concrete block and steel construction. Currently there are 6 bays leased. All units are metered separate for water and Electric. This building is ideal for an owner occupied property. Building is close to all major highways and I-95. Asking price is $799,000. For more details please call Gene Artusa 321-720-5053
Location Description:
Property is located close to I95 and SR192.
| No. Stories: | 1 | Property Types: | Warehouse Flex Space |
| Commission Split: | 2% | | Office Showroom |
| No. Grade Level Doors: | 8 | | |
| TaxID/APN: | 2733414 |
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| • | Low Maintenance | • | Fully Leased |
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| • | Price Reduced | • | Motivated Seller |
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| Year: | 2006 |
| Scheduled Gross Income: | $76,800 |
| Effective Gross Income: | $76,800 |
| Net Operating Income: | $53,625 |
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| Tenancy Type: Multiple |
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| City Electric |
SF Occupied: 3,750
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| Sight & Sound |
SF Occupied: 2,500 Lease Expires: 1/1/2009
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| Ken Electric |
SF Occupied: 1,250 Lease Expires: 1/1/2008
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| Food Service |
SF Occupied: 2,500 Lease Expires: 1/1/2009
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| Debt & Equity Information |
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No Debt & Equity Information Provided
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12/1/2006
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| The information above has been
obtained from sources believed reliable. While we do not doubt its accuracy we
have not verified it and make no guarantee, warranty or representation about
it. It is your responsibility to independently confirm its accuracy and
completeness. Any projections, opinions, assumptions, or estimates used are for
example only and do not represent the current or future performance of the
property. The value of this transaction to you depends on tax and other factors
which should be evaluated by your tax, financial, and legal advisors. You and
your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for
your needs.
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