2720 Kirby Circle, Palm Bay, FL 32905

Description

Excellent opportunity to purchase a 100% Occupied income producing multi-tenant warehouse in northeast Palm Bay! There are 11 Tenants, which total 17,482 SF. Each unit is individually metered for electric. Water is common and is included in the CAM. Est. 2025 NOI is $248,736 which is an 8.5% CAP. Property is 100% occupied. The leases are NNN structures. 2023 construction. Total of 45 10' x 10' +/- grade level doors. Interior has concrete flooring throughout. Clear height ranges 11' - 14' +/-. Utilities include City Water/Sewer and 3-phase FPL Electric. Property is strategically positioned just off of Palm Bay Road which is the primary area connector between Interstate 95, Babcock Street and US1. Surrounding employers include L3Harris, ABC Supply, Tibbetts Lumber and Leonardo DRS to name a few. Lots of schools, restaurants, healthcare and childcare in the area. Call today for details!