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Distribution Center with Loading Bays

121 Overseas Hwy, Key West, FL 33040

For Lease
$30 SF/Yr Modified Gross

Two warehouse buildings offer configurable industrial space with drive-in and dock-high loading.

Space Size15,670 SF - 21,000 SF
Days on Market11

Property Features for 121 Overseas Hwy

General Information

Standard status Active
Size 15,670 SF - 21,000 SF
Net Rentable 15,670 SF
Lease Type Modified Gross

Space & Availability

Available Space 15,670-21,000 SF
Contiguous Space 21,000 SF
Divisible Yes
Space Use Warehouse

Lease Terms

Lease Rate $30 /SF/YR
Monthly Rent $39,175-$52,500
Rent per SF/Year $30
Lease Term 60 months
Flexible Term Yes

Site & Location

Highway Access Yes
Road Access Yes
Outdoor Storage Yes
Utilities to Site Yes

Warehouse & Industrial

Three-Phase Power Yes
Sprinkler System Yes

Amenities

private bathrooms

Building Details

Buildings 2
Listing Agency: Engel & Voelkers Key West
Listed By: Epperly - Celli Team
Source: Exprealty
Added: Oct 28 Changed: Nov 6 Last Checked: Nov 6 at 2:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Engel & Voelkers Key West

Rey
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Investment Insights

Based on property information with market context.

Rockland Distribution Center comprises two warehouse buildings, with 15,670 square feet in the south building and 21,000 square feet in the north. Available space includes clear heights of 15 feet and 30 feet, drive-in bays, dock-high loading doors, private bathrooms, and durable warehouse floors. A dry sprinkler system and yard space for truck maneuvering, equipment storage, and distribution are also part of the property.

The facility fronts Overseas Highway, also identified as US Highway 1, and is five miles from downtown Key West. Site features include parking, county water and sewer, and three-phase power. Leases are offered on modified gross terms, with lease periods from 1 to 5 years.

Key Highlights

  • Two warehouse buildings: 15,670 SF in the south building and 21,000 SF in the north
  • Clear ceiling heights of 15 feet and 30 feet available
  • Drive‑in bays and dock‑high loading doors

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Key West Truck ... Car Rental Facility U-Haul Neighborhood Dealer Car Rental Facility DRN Moving Inc Moving Company Biltmore Construction Construction Company

Suggested Use

Top Pick Big Box & Wholesale Store Auto Parts Store HVAC Service Furniture & Home Goods Garden Center Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

150
Businesses Nearby

Demographics for 33040, FL

35,958
Population
19,001
Households
1.9
Avg Household Size
44
Median Age
38%
College-Educated
92%
High-School Grad
17.7 sq mi
ZIP Area
2,032
Density / Sq Mi
$79,038
Median Household Income
$42,458
Median Earnings
$2,079
Median Rent
$766,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Distribution center - Two warehouse buildings offer configurable industrial space with drive-in and dock-high loading.
Where is this distribution center located?
The property is located at 121 Overseas Hwy Key West, FL.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Two warehouse buildings: 15,670 SF in the south building and 21,000 SF in the north; Clear ceiling heights of 15 feet and 30 feet available; Drive‑in bays and dock‑high loading doors
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