The sale includes three buildings on two parcels on land on Stan Drive. The property is 100% occupied with 8 tenants with lease terms remaining of 1 to 6 years.

Location Description:

Stan Drive is located off of Ellis Road west of the Melbourne International Airport. The property is within a 10 minute drive of two I-95 exits. Ellis Road is planned to be expanded to 4 lanes and will connect to I-95.

Highlights:

>> Stabilized income and expenses

>> Gross leases with annual rent increases

>> Refurbished and renovated in 2015 & 2016 by new owner

>> City of Melbourne water and septic

>> Metal building and metal roofs

>> Built in 1998 and 2001

>> $135,252 net income

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