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Shopping Strip

Cocoa Beach - Prime Retail

1 S Atlantic Ave, Cocoa Beach, FL 32931

Listing Price: $6,475,000

Cap Rate
6.00%
Rentable SF
8,870
Lot Size
0.25 acres
Year Built
1955

Investment Overview

Irreplaceable Bar/Restaurant Retail Center in the Heart of Downtown Cocoa Beach, FL

Investment Highlights

  • Irreplaceable Bar/Restaurant Retail Center in the Heart of Downtown Cocoa Beach
  • 8,870 Rentable SF | 100% Occupied by 5 Established Tenants on Long-Term Leases
  • Heavy Foot Traffic & Walking Distance to one of Florida's Premier Beaches | Cocoa Beach Benefits From Over 2.5 Million Tourists Annually
  • New Roof & Mechanical Equipment in 2023
  • Over $1MM in Recent Tenant Improvements – See Agent for Details
  • On A1A, Main Arterial Road in the Area – 10,500-53,000 AADT
  • All Tenants Have Annual Rent Increases to Hedge Against Inflation
  • Ability to Add an Additional 6,000 SF Second Story – Allowing Unobstructed Views to the Ocean

Exclusively Listed By

Financing By

Shopping Strip

Cocoa Beach - Prime Retail

Listing Price: $6,475,000

Cap Rate
6.00%
Rentable SF
8,870
Lot Size
0.25 acres
Year Built
1955

Investment Highlights

  • Irreplaceable Bar/Restaurant Retail Center in the Heart of Downtown Cocoa Beach
  • 8,870 Rentable SF | 100% Occupied by 5 Established Tenants on Long-Term Leases
  • Heavy Foot Traffic & Walking Distance to one of Florida's Premier Beaches | Cocoa Beach Benefits From Over 2.5 Million Tourists Annually
  • New Roof & Mechanical Equipment in 2023
  • Over $1MM in Recent Tenant Improvements – See Agent for Details
  • On A1A, Main Arterial Road in the Area – 10,500-53,000 AADT
  • All Tenants Have Annual Rent Increases to Hedge Against Inflation
  • Ability to Add an Additional 6,000 SF Second Story – Allowing Unobstructed Views to the Ocean

Investment Overview

Irreplaceable Bar/Restaurant Retail Center in the Heart of Downtown Cocoa Beach, FL

Exclusively Listed By

Financing By

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