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Palm Bay Warehouse and Office
For Lease
$15 SF/Yr

2161 Franklin Drive NE, Palm Bay, FL 32905

Warehouse with office space available for lease in Palm Bay.

Space Size7,000 SF
Property Size18,810 SF
Days on Market215

Property Features for 2161 Franklin Drive NE

General Information

Standard status Active
Size 7,000 SF
Property subtype Industrial
Lease Term NNN

Building Details

Building Size 18,810 SF

Spaces For Lease

at 2161 Franklin Drive NE
Units 4-7 $15/SF/Yr
Size 7,000 SF
Type Warehouse/Distribution
Term Negotiable
Contact us
Listed By: Michael S. Ullian, President, CCIM, SIOR · License #FL #BK447039
Source: Ullianrealty
Added: Mar 6 Changed: Oct 3 Last Checked: Oct 5 at 3:24PM

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 Michael S. Ullian, President, CCIM, SIOR

Investment Insights

Based on property information with market context.

This commercial property offers a unit featuring an estimated 192 square feet of office space, one ADA restroom, and 3,268 square feet of warehouse space, totaling 3,500 square feet. The property is strategically located just off Palm Bay Road, a primary connector between Interstate 95, Babcock Street, and US1. The surrounding area includes employers such as L3Harris, ABC Supply, Tibbetts Lumber, and Leonardo DRS. The location also benefits from proximity to schools, restaurants, healthcare facilities, and childcare services, making it a potentially suitable location for various business operations.

Key Highlights

  • Total of 3,500 SF: Includes 192 SF Office and 3,268 SF Warehouse.
  • Strategic Location: Just off Palm Bay Road, a primary connector.
  • Proximity to Major Employers: Close to L3Harris, ABC Supply, Tibbetts Lumber, and Leonardo DRS.

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Big Box & Wholesale Store Real Estate Agency Building Supply Pharmacy Parking Lot & Garage Auto Parts 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

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

947
Businesses Nearby
Well-served
Demand for This Use

Demographics for 32905, FL

26,064
Population
12,635
Households
2.1
Avg Household Size
45
Median Age
27%
College-Educated
91%
High-School Grad
9.7 sq mi
ZIP Area
2,687
Density / Sq Mi
$56,671
Median Household Income
$31,688
Median Earnings
$1,361
Median Rent
$206,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse with office space available for lease in Palm Bay.
Where is this warehouse located?
The property is located at 2161 Franklin Drive NE Palm Bay, FL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Total of 3,500 SF: Includes 192 SF Office and 3,268 SF Warehouse.; Strategic Location: Just off Palm Bay Road, a primary connector.; Proximity to Major Employers: Close to L3Harris, ABC Supply, Tibbetts Lumber, and Leonardo DRS.
More about this property
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