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Net Lease

Barron's Tire Distribution Warehouse

31 Ridgeway Ave, Cocoa, FL 32922

Listing Price: $1,650,000

Cap Rate
5.54%
Lot Size
1.25 acres
Year Built
1990
Rentable SF
26,400

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the fee-simple interest (land & building) of a single-tenant industrial investment property in Cocoa, Florida. The property consists of a 30,419 +/- square foot structure situated on approximately 1.18 Acres. Originally constructed in 1951 and renovated in 1990, the building is approximately 11% Office/Showroom and the remainder is useable warehouse/distribution space.

Investment Highlights

  • In place rent approximately 50% below market
  • NNN Lease - Landlord is only responsible for replacement of roof & structure
  • Tenant has successfully operated out of this location for 15+ years

Exclusively Listed By

Financing By

Net Lease

Barron's Tire Distribution Warehouse

Listing Price: $1,650,000

Cap Rate
5.54%
Lot Size
1.25 acres
Year Built
1990
Rentable SF
26,400

Investment Highlights

  • In place rent approximately 50% below market
  • NNN Lease - Landlord is only responsible for replacement of roof & structure
  • Tenant has successfully operated out of this location for 15+ years

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the fee-simple interest (land & building) of a single-tenant industrial investment property in Cocoa, Florida. The property consists of a 30,419 +/- square foot structure situated on approximately 1.18 Acres. Originally constructed in 1951 and renovated in 1990, the building is approximately 11% Office/Showroom and the remainder is useable warehouse/distribution space.

Exclusively Listed By

Financing By

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