Net Lease Industrial Investment Property For Sale in Cape Canaveral Florida

$2,500,000.00
Call Now for More Information:
1-352-237-2222

Description

3 Building Campus Leased to Boeing, Cape Canaveral Property Listing

Price $2,500,000 No. Stories 1
Building Size 32,301 SF Tenancy Single
Price per SF $76.67 Year Built 1988
Property Type Industrial Clear Ceiling Height 20 ft.
Property Sub-type Warehouse No. Dock-High Doors – Loading 2
Property Use Type Net Lease Investment with 5 years left on lease No. Drive In / Grade-Level Doors 4
State  Florida Lot Size 3.11 AC
Cap Rate 7.50% Features
  • Electricity/Power – FPL 480 amp
  • Sprinklers

Description of Cape Canaveral Commercial Properties For Sale

Lease Summary: Lease commenced January 22, 2015. It has a 5-year term with a two (2) one (1) year options to extend. The average NNN rental is $185,730.75 annually (effective January 2016).

The owner is responsible for building structure and roof.

The buildings are constructed with pre-engineered steel beams with enamel steel siding and an iron steel roof with siliconized coating. Each building is a minimum of 20′ in height, is insulated, 100% air-conditioned and fire sprinklered. The campus-like setting has all concrete drives and loading areas. Truck loading is via recessed dock level, grade level and delivery truck level. The site is completely enclosed by security fencing in accordance with NASA guidelines.

The Florida Commercial Property is just south of Port Canaveral, one of the nation’s busiest cruise ports. Nearby to the north is Canaveral Air Force Station and NASA launch facilities.

Highlights of Net Lease Investment Property

  • Just South of Port Canaveral
  • Leased to Boeing under a five year lease
  • Nearby to the north is Canaveral Air Force Station and NASA launch facilities

Utilities on the Property

  • Electricity – Power – FPL 480 amp
  • Sprinklers

Financial Summary (Actual)

Net Operating Income $177,655

Major Net Leased Tenant Information

Tenant SF Occupied Lease End Date
The Boeing Company 32,301 1/1/2020

Contact us for Commercial Properties For Sale in Florida.

O’Reilly Commercial Realty LLC
Patrick O’Reilly
Phone: (352) 237-2222
Email: OreillyCommercialRE@gmail.com

250-270 W. Central Blvd, Cape Canaveral, Florida 32920 (Brevard County)

Listing information courtesy of Evans Butler Realty, Inc. – Commercial Real Estate Company. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, solely to identify potential properties for potential purchase.

Property ID 377905

Area of Florida

Location

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