Florida’s Space Coast offers numerous property investment options. Brevard County is known for its high-tech economy, innovative STEM technology, and growth in the workforce and job market. With growth potential in all these up-and-coming industries comes a demand for industrial commercial properties. Now is the time to get in on this investment opportunity and diversify your portfolio. Whether you are investing and leasing out to commercial tenants or buying property for your business, it’s important to understand the various types, features, and uses of industrial properties.
Currently, warehouses are the most common industrial property for new investors. Warehouses are used for various purposes such as distribution and storage. Distribution warehouses are usually custom-built and contain high-tech equipment suited for whichever industry utilizes them. These are typically larger properties, often located near Interstate 95 which eases the transportation of products.
Brevard County’s growth in the manufacturing and industrial sector brings numerous opportunities for light manufacturing properties. These are typically larger buildings containing specialized equipment, which are usually equipped with high-capacity electrical power. They also feature up-to-date, fire sprinkler systems, and HVAC ventilation systems to provide clean airflow in their manufacturing environment.
In contrast, companies utilizing smaller commercial industrial properties for the development of new products, usually don’t require as much emphasis on specialized equipment or custom designs. Smaller multi-tenant light industrial/manufacturing properties are also called Flex buildings. This is because these properties are more versatile in their uses. They can be adapted for office buildings, manufacturing spaces, distribution centers, or storage facilities.
Light assembly spaces tend to be smaller and can be reconfigured for different tenants. With Brevard County’s growing investment opportunities, these types of innovative industrial properties can be adapted to fit the many businesses that make up the Space Coast light manufacturing and hi-tech base.
Another type of property that real estate investors may want to consider is data hosting centers. These specialized industrial buildings host servers and telecom switching equipment. They are equipped with cooling equipment to keep the temperature just right to prevent overheating. Companies rely on data hosting centers to store data held in the cloud as well as to keep telecommunications and the internet running smoothly in the community.
Are you ready to invest in industrial property in Brevard County, FL? Turn to the local brokers who have been serving the area for over 60 years. Contact Ullian Realty to learn more about the best types of industrial space investments and which one fits your long-term goals. Check out commercial buildings for sale on the Space Coast.
Editor’s Note: This post was originally published in March 2020, and has been updated for freshness, accuracy, and comprehensiveness.
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