914-365-0752
2481 Malabar NW rd, Palm Bay, FL for Sale
Self-Storage Facilities - FOR SALE
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2481 Malabar NW rd
Palm Bay, FL 32907


OVERVIEW

- Brand New Institutional-Size Self-Storage Facility to be Delivered at Certificate of Occupancy in September of 2025 - “Class A” Facility Featuring a Three-Story Climate-Control Building Totaling 55,308 NRSF and Four Drive-Up, Non-Climate Buildings Totaling 11,400 NRSF - No Competition Within Three Miles of the Site and a Low Saturation Rate of 4.1 SF/Capita Within Five Miles - Subject Property is Adjacent to the Future Site of a Brand-New Publix, Currently Under Construction, Delivering Fall of 2025 - High Growth Area Evidenced by 3.1% Annual Population Growth and 3,372 New Homes Planned or Under Construction Within Five Miles of the Site - Nearest Competitors Showing Strong Street Rates for Both Climate and Non-Climate Storage - Strong Demographics Within Five Miles of the Site Featuring an Average Household Income of $79,928 and a Population of 48,326 Residents - Palm Bay is Located Along Florida’s East Coast, Approximately 50 Miles Southeast of Orlando - The Rapidly Growing Palm Bay-Melbourne-Titusville MSA is the Ninth Largest in the State of Florida and is Home to 643,979 Residents

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Palm Bay Storage C/O

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

9.8 AC

LAND SF

426,672 SF

ZONING

GU

APN/PARCEL ID

28-36-32-00-00750.0-0000.00

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David PerlleshiFranklin StreetMore Info
914-365-0752

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David PerlleshiFranklin StreetMore Info
914-365-0752

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.