This West Melbourne industrial property offers investors a stable, long-term opportunity through a single-tenant NN lease with Gerber Collision & Glass. The 15,080-square-foot facility provides reliable passive income backed by a nationally recognized tenant with corporate guarantees. Strategically positioned within Brevard County, this asset combines strong market fundamentals, tenant security, and favorable tax advantages—making it a highly attractive investment in Florida’s growing industrial sector.

National Credit Tenant

Gerber Collision & Glass is the nation’s second-largest collision repair company, operating over 850 locations across the United States and generating $3.1 billion in annual revenue as of 2024. Backed by The Boyd Group, the tenant provides corporate-guaranteed income, ensuring financial stability and peace of mind for investors seeking secure, long-term cash flow.

Strong Lease Structure

The NN lease includes a 15-year original term, expiring January 2030, with three 5-year renewal options and 5% rent escalations every five years. The remaining 4.2 years of guaranteed tenancy and predictable income growth position this property as a dependable, cash-flowing asset with room for appreciation in a high-demand market.

Prime Location in West Melbourne

Ideally located just off US-192 and minutes from I-95, the property enjoys excellent accessibility for customers across Melbourne and the wider Brevard County region. This strategic positioning enhances operational efficiency for the tenant while supporting long-term asset value.

Thriving Market & Economic Strength

West Melbourne continues to experience strong population, employment, and consumer spending growth. Within a three-mile radius, the average household income exceeds $91,000, sustaining local business activity and reinforcing long-term tenant success. Nearby national retailers include Lowe’s, Walmart Neighborhood Market, Home Depot, Best Buy, Burlington, and Aaron’s—further strengthening the property’s visibility and customer traffic.

Investor Appeal

Located in a state with no income tax and a pro-business environment, this offering delivers both security and efficiency for long-term investors. With 100% occupancy, durable construction, and a credit-backed tenant, the asset represents a turnkey opportunity to acquire a stabilized industrial property below replacement cost in one of Florida’s most dynamic markets.