Space Coast Credit Union
Single-Tenant Offerings
Space Coast Credit Union
3370 Bayside Lakes
Palm Bay (Southeast of Orlando), FL
- Price:
- $4,820,000
- Cap Rate:
- 5.35%
- NOI:
- $257,878
- Rentable SQFT:
- 2,500 SF
- Year Built:
- 2025
- Lot Size:
- 0.96 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Available
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Rare 3% Annual Rental Increases In Base Term and Options
- Corporate Guaranty, 66 Locations Serving Over 674,000 Members
- Third Largest Credit Union in Florida with $8.8 Billion in Assets
- Brand New High-Quality Construction with Four Drive-Thru Windows
- Serving Over 80,000 Residents in Rapidly Growing Trade Area
- In the Heart of Thousands of New Homes and Residential Subdivisions Under Construction
- Average Household Income Exceeds $90,000 within 3 Miles
- Adjacent to High-Volume Publix Anchored Grocery Center
- Just West of I-95 with 56,580 Cars/Day, the Main North/South Highway on the East Coast
- Close Proximity to Florida’s Space Coast which Attracts 2.5+ Million Visitors Annually
- Strong Daytime Population, Over 16.000 Employees in Primary Trade Area
- Palm Bay is a Bedroom Community for Engineers Employed by Space X and NASA
- Minutes to Florida Tech with Approximately 9,700 Students and Several K-12 Schools with 8,000+ Students
- 65 Miles Southeast of Orlando International Airport
- Tax Free State, No State Income Tax in Florida
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