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NNN Property for Sale within 10 kilometers of Viera, FL, USA

More details for 2720 Center Pl, Melbourne, FL - Industrial for Sale

Heritage Pool Supply | SRS Distribution - 2720 Center Pl

Melbourne, FL 32940

  • NNN Property
  • Industrial for Sale
  • $2,466,000 CAD
  • 11,320 SF

Melbourne Industrial for Sale - Brevard County

• Fully Leased to Heritage Pool Supply Group - Wholly Owned Subsidiary of SRS Distribution | Heritage Supply Brand • One of the Largest and Fastest Growing Pool Supply Distributors - 150+ Locations Across 36 States | Rapid Expansion Since 2021 • Parent Company Recently Acquired by Home Depot (NYSE: HD) - SRS Distribution was Acquired in 2024 for Approximately $18.25B • Original 5-Year NNN Lease | Minimal LL Responsibilities - 11% Rental Increase in the Remaining Five-Year Option | April ‘27 • Longstanding Tenant with 15+ Years of Historical Occupancy - Established Market Presence | Continued Lease Renewals • Below Market Rents with Near-Term Future Upside - Current Rents: $8.47/ft | CoStar Estimated Market Rents: $13.49/ft • Florida’s Space Coast Home to Top Space/Aeronautics Companies - SpaceX, Blue Origin, Boeing, Lockheed Martin & L3 Harris • Melbourne, FL MSA | One of the Fastest Growing Areas in FL - Over 250,000 Residents within a 10-mile Radius • Florida is an Income Tax Free State - Ideal Passive Investment for Out of Market Ownership • Surrounded by National Industrial Tenants in Dense Trade Area - TruGreen Lawn Care, Gulfeagle Supply, 84 Lumber, ProSource, Etc.

Contact:

Marcus & Millichap

Property Subtype:

Warehouse

Date on Market:

2026-01-14
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