Shopping Strip
Sharpe's Plaza
3935 US-1, Cocoa, FL 32926
Listing Price: $1,840,000
Investment Overview
Marcus & Millichap is pleased to present this exceptional investment
opportunity at 3935 N Highway 1, Cocoa, FL 32926. This property offers a
rare chance to acquire an asset amidst a thriving economy at a remarkable
value, well below replacement cost. With existing income streams in place,
there exists substantial potential to enhance value through strategic leasing
structures and pricing adjustments for both its storage units and retail
bays. Strategically located just off US-1, a prominent highway, the property
boasts exceptional exposure. Moreover, with Brevard's economy witnessing
remarkable growth driven by the success of major companies like Space X,
L3 Harris, and Northrop Grumman, this asset stands as a beacon of
opportunity for investors to enter a flourishing market at an advantageous
price point.
Sharpe's Plaza
Investment Highlights
- STRATEGIC LOCATION: Strategically located off US-1 – 34,000+ VPD.
- BOOMING ECONOMIC HUB: Brevard County is a booming economy- growth in 12 consecutive years- projected to continue at a 2% population increase/year
- NO STATE TAX: No State Income Tax in Florida.
- MULTIPLE INCOME AVENUES: Unique blend of retail bays and storage units
- STRONG PRICING: The property is priced well below replacement cost
Exclusively Listed By
Listing Price: $1,840,000
Investment Highlights
- STRATEGIC LOCATION: Strategically located off US-1 – 34,000+ VPD.
- BOOMING ECONOMIC HUB: Brevard County is a booming economy- growth in 12 consecutive years- projected to continue at a 2% population increase/year
- NO STATE TAX: No State Income Tax in Florida.
- MULTIPLE INCOME AVENUES: Unique blend of retail bays and storage units
- STRONG PRICING: The property is priced well below replacement cost
Investment Overview
Marcus & Millichap is pleased to present this exceptional investment opportunity at 3935 N Highway 1, Cocoa, FL 32926. This property offers a rare chance to acquire an asset amidst a thriving economy at a remarkable value, well below replacement cost. With existing income streams in place, there exists substantial potential to enhance value through strategic leasing structures and pricing adjustments for both its storage units and retail bays. Strategically located just off US-1, a prominent highway, the property boasts exceptional exposure. Moreover, with Brevard's economy witnessing remarkable growth driven by the success of major companies like Space X, L3 Harris, and Northrop Grumman, this asset stands as a beacon of opportunity for investors to enter a flourishing market at an advantageous price point.
Exclusively Listed By
