FOR SALE 3 INDUSTRIAL 100% LEASED BUILDINGS...FOR SALE 3 INDUSTRIAL 100% LEASED BUILDINGS 2280, 2284, 2288 Wilhelmina Court, Palm Bay, FL 32905 The Ullian Realty Corporation 1800 Penn

The Ullian Realty Corporation 1800 Penn Street Melbourne, FL 32901 321.729.9900 ullianrealty.com

Michael S. Ullian, President, CCIM, SIORLicensed Real Estate Broker

Cell: [email protected]

The information provided is subject to change without notice. The Ullian Realty Corporation assumes no responsibility for any errors, omissions, or changes.

OFFERING SUMMARYSale Price: $5,810,500 ($54.17 PSF)

Cap Rate: 7.00%

NOI: $406,735 ($3.79 PSFaverage, below marketrents, potential upside)

Facility SF: 107,264 SF

Zoning: Heavy Industrial (HI)

2018 NOI: $406,735 (100% Leased)National, regional, and local Tenants Confidentiality Non-Disclosure Agreement (CNDA)Buyer qualification, prior to receiving additional info.Three (3) Building Complex Totaling 107,264 SF, Pre-engineered Metal Frame, ConcreteBlock and Metal Panel, interior’s mixture of office/showroom areas 100% HVAC, andwarehousing/manufacturing, 100% wet fire sprinklered, single & 3 phase electric, numerousOHD’s either grade, deep well dock or and height for trucking, some outside storage, concrete/asphalt paving. Some mezzanine storage space with concrete deck not included in total squarefootage above, provides benefit to some tenants at no extra expense. Water, Sewer, NaturalGas, FPL Electric

PROPERTY OVERVIEW

Well located office, showroom, warehouse, and manufacturing complex, with easy access toUS 1 and Interstate 95. Located in the heart of the Palm Bay Industrial area, near HarrisCorporation, Raytheon, DRS, UPS, and numerous companies nearby. Melbourne OrlandoInternational Airport is approximately 5 miles north. Besides the Palm Bay Melbourne area,Brevard County is also the home to Kennedy Space Center, Port Canaveral Disney Cruises, andWorld-Famous Cocoa Beach. Brevard County is located on the east coast of Floridaapproximately half way between Jacksonville / Miami, and approximately an hour drive fromOrlando.

LOCATION OVERVIEW

Executive Summary

FOR SALE 3 INDUSTRIAL 100% LEASED BUILDINGS2280, 2284, 2288 Wilhelmina Court, Palm Bay, FL 32905

ATTENTION INVESTORS INCOME PRODUCING OFFICE WAREHOUSE COMPLEX





SALE PRICE $5,810,500

LOCATION INFORMATION

Street Address 2280, 2284, 2288 Wilhelmina Court

City, State, Zip Palm Bay, FL 32905

County/Township Brevard

BUILDING INFORMATION

Building Size 107,264 SF

NOI $406,735

Cap Rate 7.00%

Price / SF $54.17

Occupancy % 100%

2280 Units A, B, C (South Building) Total 68,564

SF (Approx. 120’ x 580’)

Iron Mountain 24,864 SF

Pods 43,700 SF

2284 B, C & D (NW Building) Total 23,700 SF

(Approx. 75’ x 325’)

CED 11,200 SF

Larrabee Haunted Lair 5,000 SF

ECA 7,500 SF

2288 (NE Building) Total 15,000 SF

(Approx. 75’ x 200’)

NEXGEN 15,000 SF

PROPERTY DETAILS

Property Type Industrial

Property Subtype Manufacturing

Zoning Heavy Industrial (HI)

Lot Size 5.78 Acres

APN# 2825146

Property Details






Building Photos






Building Photos


Tenants at Palm Bay One Industrial Complex Iron Mountain Information Management, LLC (IRM) NYSE IRM is a global business dedicated to storing, protecting and managing, information and assets. Additional information regarding Iron Mountain can be found at: http://www.ironmountain.com PODS Enterprises, LLC (PODS) Privately held, Franchising and Company owned stores, residential/commercial moving & storage company with locations across the United States, Canada, Australia and the UK, founded in 1998, headquartered in Clearwater Florida. Additional information regarding PODS can be found at: https://www.pods.com NEXGEN Framing System, LLC (NEXGEN) Specializes in manufacturing steel thermal insulated frames for the building envelope, cold formed steel truss systems for roof and floor construction, and cold formed steel wall panels for interior framing. Additional information regarding NEXGEN can be found at: http://nexgenframing.com Consolidated Electrical Distributors, Inc. (CED) Full-service electrical distributor dedicated to supporting the electrical requirements of industrial, contractor, and OEM customers. Coast-to-coast network with more than 600 locations. Additional information regarding CED can be found at: http://www.cednw.com James Larrabee Construction, Inc. (The Haunted Lair Non-profit) Open to the public (fee to enter), Haunted house experience, since 2009. Use student volunteers and support local non-profits with price discounts when bringing canned goods or household item. Additional information regarding The Haunted Lair can be found at: https://www.thehauntedlair.com East Coast Applicators, Inc. (ECA) Established in 1996, a leader in Passive Fire Protection. January 2018 ECA aligned with Alltrin Ltd., the Caribbean's Leader in Passive Fire Protection to further strengthen its position geographically. The Combined technical support staff have over 40 years of experience in Code requirements, systems and project evaluation that, drill down Into field application. Additional information regarding East Coast Applicators can be found at: http://eastcoastapplicators.com










Survey






Location Maps






Regional Maps


Documents

FOR SALE 3 INDUSTRIAL 100% LEASED BUILDINGS...FOR SALE 3 INDUSTRIAL 100% LEASED BUILDINGS 2280, 2284, 2288 Wilhelmina Court, Palm Bay, FL 32905 The Ullian Realty Corporation 1800 Penn