Kirby Corporate Center

2730 Kirby Circle NE,
Palm Bay FL
100,000 Sq. Ft.

Property Facts

Building Area: 100,000 Sq. Ft.
Ceiling Height Warehouse: 25 Feet
Number of Units: 7 in Building at Various Sizes
Overhead Doors: Each Unit has a Minimum of one Overhead Door
Parking: 180 Spaces
Construction: Metal Building
Roof: Metal
Utilities: City Water & Sewer
Power: 277/480 Volt 3 Phase Power
Zoning: LI– Light Industrial
Year Built: 1978

Property at Purchase

Purchase Price and Renovation: $2,500,000.00
Purchase Price PSF: $25.00
Occupancy at Purchase: 20%
Average Rent PSF At Purchase: $4.50 PSF

After Renovation and Transformation

Current Replacement Cost Value: $175.00 PSF
Current Occupancy After One Year Ownership: 100.00%
Current Average Rent PSF: $7.00-$11.00 PSF
Income Increase Over Past Twenty Years: 1600%

Property at Purchase

After Renovation and Transformation

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