Industrial Portfolio – Titusville & Newberry, Florida | 10 Year True NNN Lease
1540 Armstrong Dr. and 25207 NW 8th Lane
Titusville & Newberry, 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.
Titusville – Space Coast Market
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.
Newberry – Gainesville Growth Corridor
Newberry is strategically located within the fast-expanding Gainesville corridor, one of the strongest growth markets in North Central Florida. Proximity to the University of Florida and UF Health fuels economic activity, attracting both businesses and residents. The area offers excellent access via Newberry Road and I-75, linking it to regional and statewide markets. With steady population growth, infrastructure expansion, and a business-friendly environment, Newberry has become a magnet for new development and investment opportunities across retail, office, and industrial sectors.
