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John Rodes Industrial Park
600 N John Rodes Blvd
Melbourne, FL 32934
90,600 Sq. Ft.
Property Facts
| Complex Area: | 90,600 Sq. Ft. |
| Configuration: | Building A: 18,100 Sq. Ft. Building B: 20,000 Sq. Ft. Building D: 40,000 Sq. Ft. Building E: 7,500 Sq. Ft. Building F: 5,000 Sq. Ft. |
| Unit Range: | 2,500—40,000 Sq. Ft. |
| Parcel Size: | 18.52 Acres 8 Acres of Undeveloped Land |
| Zoning: | M1– Light Industrial Manufacturing, Warehousing, Office Uses |
| Construction: | Building A Title Concrete Building B Tilt Concrete Building D Tilt Concrete Building E Metal Building F Concrete Block Stucco |
Property at Purchase
| Purchase Price: | $4,600,000.00 |
| Purchase Price PSF: | $44.00 |
| Occupancy at Purchase: | 0% |
| Average Rent PSF At Purchase: | $0.00 PSF |
After Renovation and Transformation
| Cash Out Via Financing: | $4,500,000.00 |
| Current Replacement Cost Value: | $180.00 PSF |
| Occupancy After One Year Ownership: | 100.00% |
| Average Rent PSF After One Year of Ownership: | $8.00-$12.00 PSF |
| Renovation Capital Expenditures: | $10.00 PSF |
| Return on Investment: | 75% |
