954-415-9816
3101 Skyway Cir, Melbourne, FL for Sale
Warehouse - FOR SALE
1/7
null | Request Cap Rate

3101 Skyway Cir
Melbourne, FL 32934
Suburban Melbourne


HIGHLIGHTS

  • PODS tenanted prime Warehouse in strong Florida Industrial Market
  • NNN Rent substantially below market with lease term through 12/31/2027
  • NNN Lease with Tenant responsibilities which may include some or all items outlined in the PCA Report
  • Ceilings up to 32’ clear with 1 Grade Level Loading Dock
  • 1.6 acres of land with ample outdoor storage
  • 2 miles East of I-95

OVERVIEW

Marcus & Millichap in conjunction with RealInsight Marketplace, is pleased to offer for sale, PODS Melbourne (the “Property), a 100% occupied 30,120 SF single-tenant, industrial/office warehouse facility built in 2003 in Melbourne, Florida. The Property has clear heights of up to 32 feet and is completely sprinklered; with (1) grade-level loading docks and situated on 1.6 acres of land, which allows for ample outdoor storage space. POD’s has been strategically located at this facility since 2016 with lease term through 12/31/2027 and has two, five-year options remaining. PODS Melbourne is located +-2 miles east of I-95 and conveniently located adjacent to the Melbourne Orlando International Airport and 24 miles from Port Canaveral. PODS Melbourne is located within the Skyway Industrial Park and provides a stable investment with a quality tenant in a high-barrier-to-entry market. Additionally, the Property provides upside potential to mark rents to market if PODS does not exercise their options, with in-place rents being well below market. Strong Demographics with ±48,949 total population within a 3-mile area and an AHHI of ±$72,450. https://rimarketplace.com/auction/2364/reit-sale-pods-warehouse-30-120-sf-1.6-acres

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

REIT Sale | PODS Warehouse | 30,120 SF | 1.6

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

UTILITIES

Lighting, Water - City, Sewer - City

CLEAR CEILING HT

32 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

15

LAND DETAILS

LAND ACRES

1.6

LAND SF

69,696

ZONING

M1

APN/PARCEL ID

27-36-25-01-00000.0-0011.00

ASK ABOUT THIS PROPERTY

Douglas MandelInstitutional Property AdvisorsMore Info
954-415-9816

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Douglas MandelInstitutional Property AdvisorsMore Info
954-415-9816

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.