6055 Technology Dr, West Melbourne, FL 32904, USA
6055 Technology Dr, West Melbourne, FL 32904, USABasics
- Date added: Added 4 weeks ago
- Category: For sale
- Type: Industrial (Warehouse)
- Area, sq ft: 6520 sq ft
- Year built: 1998
- Year remodeled: 2021
- Cap Rate: 5%
Description
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Description:
6,520 Sq. Ft. Industrial Space Available for Sale
This property includes an estimated 820 sq. ft. of HVAC-conditioned office space combined with a 5,700 sq. ft. warehouse, totaling 6,520 sq. ft. The warehouse features clear heights ranging from approximately 11'6" to 14' (floor to beam) and is equipped with four grade-level doors measuring 12' x 12'.
Financial Details:
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Projected 2024 Net Operating Income (NOI): $69,950 (5% CAP rate)
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Lease term expires on November 30, 2026, with one optional five-year renewal
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Annual escalator: 4%
Property Features:
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20 concrete-paved, lighted parking spaces
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Utilities include city water/sewer and 120/240v, 200A single-phase FPL electric service
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Zoned M-1 for light industrial use, allowing warehousing, light manufacturing, outdoor storage, and more
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Seller open to financing subject to contract terms and buyer credit
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Lease and tenant information available to qualified buyers under NDA
Location Overview:
Strategically positioned in Brevard County’s "Space Coast," this asset is located in the heart of Melbourne’s business and industrial park. It offers convenient access to Interstate 95 and Melbourne International Airport. Surrounding major employers include L3Harris, Northrop Grumman, Amazon, and GE.This prime industrial property is ideal for businesses seeking versatile space in a thriving area. Contact for further details!
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