3700 N US 1 Hwy
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3700 N US 1 Hwy
10,738 SF Retail Building Cocoa, FL 32926 $2,100,000 ($196/SF) 6.68% Cap Rate
Investment Highlights
- NNN Lease in place
- High visibility, 32,500 Annual Average Daily Traffic 2023
- Proximity to major highways
- Well established Tenant
- Ample parking - 13 Spaces
- Unincorporated taxing district
Executive Summary
NNN lease in place with well established Tenant until mid-2029.
The NNN Lease is guaranteed by the Tenant Principal.
A great opportunity for a 1039 exchage or traditional buyer.
Roof replaced in 2022 along with interior renovation.
Interior is meticulously maintained and currently licensed as a food processing facility.
Tenant Website: https://www.junipermountaincoffee.com/
1 Mile to State Road 528
5 Miles to Interstate-95
Please provide proof of funds prior to/at the time of scheduling a showing.
The NNN Lease is guaranteed by the Tenant Principal.
A great opportunity for a 1039 exchage or traditional buyer.
Roof replaced in 2022 along with interior renovation.
Interior is meticulously maintained and currently licensed as a food processing facility.
Tenant Website: https://www.junipermountaincoffee.com/
1 Mile to State Road 528
5 Miles to Interstate-95
Please provide proof of funds prior to/at the time of scheduling a showing.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
10,738 SF
Building Class
C
Year Built/Renovated
1984/2022
Price
$2,100,000
Price Per SF
$196
Cap Rate
6.68%
NOI
$140,295
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.29
Lot Size
0.84 AC
Zoning
BU-2 - Commercial
Parking
13 Spaces (1.24 Spaces per 1,000 SF Leased)
Frontage
99 FT on Us-1 Hwy
Amenities
- Bus Line
- Signage
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Juniper Mountain
- -
-
99,999 SF
- -
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Juniper Mountain | - | 99,999 SF | - | - |
PROPERTY TAXES
| Parcel Number | 24-36-08-00-00272.0-0000.00 | Improvements Assessment | $429,880 |
| Land Assessment | $120,000 | Total Assessment | $549,880 |
PROPERTY TAXES
Parcel Number
24-36-08-00-00272.0-0000.00
Land Assessment
$120,000
Improvements Assessment
$429,880
Total Assessment
$549,880
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Prestige Florida Realty
3700 N US 1 Hwy
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