Cape Canaveral Warehouse for sale

Warehouse Description

The property is located in the Economic Overlay District of Cape Canaveral, with direct access to SR528 and a direct connect to I-95, US Highway 1, and the Florida Turnpike. It is adjacent to Port Canaveral, the second largest Cruise port in the world. The property is also within a short distance of the Kennedy Space Center and Exploration Park, the Commercial Aerospace Epicenter, Melbourne International Airport, and Orlando International Airport.

The property is currently occupied by Patrick Industries (Nasdaq: PATK) wholly owned brand, Sea-Dek/Castaway Customs. The fenced-in campus includes three buildings totaling 37,101 square feet, all with 20-foot clear ceiling heights. The buildings were constructed to meet the stringent requirements of elite aerospace corporations, with pre-engineered steel beams and silicon-coated iron roofs. They also boast 3-phase 480-volt power, 100% HVAC, and complete insulation. The warehouses are fully sprinklered and have security fencing.

Castaway Customs has been operating out of the site since signing a five-year, NNN lease in March 2022. The lease includes one, five-year renewal option with 3% annual increases. The property has undergone recent capital improvements, including the addition of two new restrooms.