$2,385,000
$2,500,000
4.6%For more information regarding the value of a property, please contact us for a free consultation.
202 West DR Melbourne, FL 32904
12,000 SqFt
Key Details
Sold Price $2,385,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $198
Subdivision Industrial Plaza Unit 1
MLS Listing ID 937291
Year Built 1986
Annual Tax Amount $12,602
Tax Year 2021
Lot Size 1.860 Acres
Property Sub-Type Industrial
Property Description
100% occupied single tenant manufacturing building.
6 year NNN lease expires 10/31/2027
$183,600 NOI for 2022-2023 lease year
2% annual base rent increases
Concrete block construction
New Duro Last membrane roof installed in 2017 with 20 year warranty
52 parking spaces
Electrical 1600 Amp - 3 phase - 120/208 v
100% air conditioned
Building recently painted
City water & sewer
Location
State FL
County Brevard
Area 331 - West Melbourne
Interior
Heating Central
Cooling Central Building
Flooring Other
Exterior
Exterior Feature ExteriorFeatures
Building
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash, Lease Option
Listing Terms Cash, Lease Option
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Bought with The Ullian Realty Corporation
