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