360 East Drive

360 East Drive
West Melbourne, FL 32904
34,240 Sq. Ft.

Property Facts

Building Area: 34,240 Sq. Ft.
Floors: 2 with open Warehouse
No. of Units: 2 Units
Unit Range: 16,000-16,000 Sq. Ft.
Year Built: 1982
Construction: Reinforced Tilt-Up
Roof: Steel Rigid Bar Joists; In-sulated Metal Pan Roof
Utilities: City Water/Septic
Power: FPL Electric
Zoning: M1
Light Industrial
Lease Type: Modified Gross

Property at Purchase

Purchase Price: $1,500,000.00
Purchase Price PSF: $43.80
Occupancy at Purchase: 0%
Average Rent PSF At Purchase: $0.00 PSF

After Renovation and Transformation

Current Replacement Cost Value: $180.00 PSF
Occupancy After One Year Ownership: 100.00%
Average Rent PSF After Year of Ownership: $6.50 PSF
Renovation Capital Expenditures: $10.00 PSF

Property at Purchase

After Renovation and Transformation

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