Listed by Jeremiah Baron & Co. Commercial Real Estate LLC
$5,300,000
Multi-Unit Industrial Work Bay Property
Details
APN 24-36-32-00-267
Property Type Industrial, Self Storage
Sub Type Flex, Warehouse
Square Footage 34,855
Units 105
Cap Rate 7.04%
NOI $373,088
Tenancy Multi
Lease Type Gross
Price per SqFt $152
Year Built 1973
Buildings 4
Stories 1
Acreage 2.200
Zoning BU-2, Retail, Warehousing & Wholesale
Stabilized Industrial Work Bay Asset for Sale
Marketing description
· Prime investment opportunity located in the vibrant city of Cocoa, Florida.
· The facility is fully automated with management & marketing teams in place. A low-risk hands-off investment.
· All new capital improvements including – paint, asphalt & garage doors.
· The property consists of four separate buildings with a total of 105 units.
· There is an on-site manager that ensures a smooth operation of the facility and provides a reliable point of contact for the tenants.
· Its strategic location perfectly balances accessibility and convenience; in close proximity to major highways and airports, tenants benefit from easy access and efficient logistics.
Listing Contacts
Listed by Jeremiah Baron & Co. Commercial Real Estate LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$373,088.00
$31,090.67/mo
Valuation Metrics
0
DSCR
7.04%
Cap Rate
7.04%
ROI
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