Industrial Portfolio 10 Year True NNN Lease
1540 Armstrong Dr
Titusville, FL 32780
Description
This portfolio offering features two recently constructed industrial assets in Titusville and Newberry,
Florida, delivering both long-term stability and future growth potential under 10-year true NNN leasebacks.
The Titusville property, built in 2022, includes over 14,000 square feet of office, warehouse, and covered
storage on nearly five acres with additional land available for expansion. Situated within Florida’s Space
Coast, the area is fueled by aerospace, defense, and advanced manufacturing tied to Kennedy Space
Center and Cape Canaveral. With direct access to I-95 and US-1, the property is connected to Orlando,
Daytona Beach, and the broader Central Florida economy, while limited new supply and rising construction
costs strengthen market fundamentals.
The Newberry property, constructed in 2021, complements the portfolio with diversification in the
Gainesville/Newberry growth corridor. The site offers flexible CI zoning, nearly 5,000 square feet of
functional space, and an additional acre of land that supports expansion or redevelopment. Positioned
along Newberry Road with quick access to I-75, the location benefits from the University of Florida, UF
Health, and steady population and business growth in the region. Together, the assets generate a combined
NOI of $265,625, making this portfolio a compelling investment opportunity that blends Space Coast
stability with Gainesville’s high-growth potential.
Discover the potential of owning a prime location in Titusville, Florida. Nestled in the heart of Space Coast, this area is a burgeoning hub for commercial real estate investment. The property's proximity to the Kennedy Space Center and Cape Canaveral Air Force Station offers unique opportunities for tenants in the aerospace and technology sectors. With convenient access to major highways and Orlando International Airport, the location provides seamless connectivity for businesses and employees. Additionally, the revitalized downtown area offers a charming mix of local eateries and shops, creating a vibrant community for office workers. Embrace the spirit of innovation and growth in this dynamic locale.
