2720 Kirby Cir Ne Palm Bay, FL 32905

This exceptional investment opportunity presents a fully occupied, 17,482-square-foot multi-tenant warehouse complex in Palm Bay, Florida. Built in 2023, the property boasts three single-story buildings, each featuring multiple units with roll-up doors and 3-phase electrical outlets. Eleven individual units are currently leased at 100% occupancy, generating a strong 7.00% capitalization rate. The asking price is $2,900,000, translating to $165.88 per square foot. Situated on a 77,536.8-square-foot lot, the property includes 16 parking spaces for tenant and visitor convenience. The property is zoned for light industrial use, making it ideal for a variety of businesses, including manufacturing and distribution. Unit sizes vary, catering to diverse business needs. Select units offer added amenities such as office spaces and bathrooms, with ongoing bathroom installations in other units. This prime location in Palm Bay, Florida (zip code 32905) offers excellent access to transportation and logistical networks, ensuring operational efficiency. The net lease structure provides a stable and predictable income stream. This is a turnkey investment opportunity with immediate cash flow and significant potential for future growth. The property's new construction and high occupancy rate make it a highly desirable asset in a thriving market. This is a rare chance to acquire a well-maintained, high-performing industrial property with a proven track record.