Warehouse For Sale • 11,320 SF
| • 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 |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Melbourne Orlando International | 23 min | - | 10.0 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 8 |
| Type: | Surface |
| Included in Rent: | Yes |