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2720 CENTER PL Melbourne FL 32940-7130

[Locked] • APN 26 3730-50--9

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Details
Property Type Industrial, Retail
Sub Type Flex
Building SqFt 11,320
Lot SqFt 41,818
Acreage ******
Number of Units 1
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code IU
Year Built 1988
Building Count 2
Opportunity Zone No
Lease Type ******
Lease Term ******
Remaining Term ******

Property History

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Property Type
Property Type
Industrial, Retail
Property Subtype
Flex
Marketing Description

Investment Highlights

• Fully Leased to Heritage Pool Supply Group

- Wholly Owned Subsidiary of SRS Distribution | Heritage Supply Brand

• One of the Largest and Fastest Growing Pool Supply Distributors

- 150+ Locations Across 36 States | Rapid Expansion Since 2021

• Parent Company Recently Acquired by Home Depot (NYSE: HD)

- SRS Distribution was Acquired in 2024 for Approximately $18.25B

• Original 5-Year NNN Lease | Minimal LL Responsibilities

- 11% Rental Increase in the Remaining Five-Year Option | April ‘27

• Longstanding Tenant with 15+ Years of Historical Occupancy

- Established Market Presence | Continued Lease Renewals

• Below Market Rents with Near-Term Future Upside

- Current Rents: $8.47/ft | CoStar Estimated Market Rents: $13.49/ft

• Florida’s Space Coast Home to Top Space/Aeronautics Companies

- SpaceX, Blue Origin, Boeing, Lockheed Martin & L3 Harris

• Melbourne, FL MSA | One of the Fastest Growing Areas in FL

- Over 250,000 Residents within a 10-mile Radius

• Florida is an Income Tax Free State

- Ideal Passive Investment for Out of Market Ownership

• Surrounded by National Industrial Tenants in Dense Trade Area

- TruGreen Lawn Care, Gulfeagle Supply, 84 Lumber, ProSource, Etc.

Sale Date
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Sold Price
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Buyer Borrower 1 Corp Indicator
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Buyer Borrower 1 Name
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Buyer Borrower 1 Ownership Rights Code
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Mortgage Recording Date
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Mortgage Maturity Date
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Mortgage Term
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Document Number
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Document Type
******
Mortgage Interest Rate
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Mortgage Loan Type
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Mortgage Lender Name
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Loan Amount
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Mortgage Document Date
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Mortgage Document Number
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Recording Book
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Recording Page
******
Resale Flag
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Sales Price Code
******
Transaction Type
******
Mortgage Loan Trans Type
******
Seller 1 Name
******
Transfer Tax
******
Seller 2 Name
******
Sold By
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Sold To
******

Loan History

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Financial History

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****** Data
Net Operating Income
******
Reporting Date
******

Tax History

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Contact Information

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Ownership Information

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Zoning

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IU IndustrialLight IndustrialLight Industrial
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View all 43 uses
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Last updated Jan 30, 2026 For deeper zoning details, reports are available at Zoneomics

Property Details

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Contacts

Listing removed on
 BY:
RS
Rory Shelby
•••.•••.5256
••••.••elby@•••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
SG
Scott Gould PRO
•••.•••.3824
•••••.•ould@•••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
JV
Jake Vandenburg
•••.•••.6891
••••.••••••burg@•••••••••••••••.com
Brokerage logo

Map

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