Shopping Strip
Cocoa Beach - Prime Retail
1 S Atlantic Ave, Cocoa Beach, FL 32931
Listing Price: $5,980,000
Cap Rate
6.50%
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
Cocoa Beach - Prime Retail
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
Listing Price: $5,980,000
Cap Rate
6.50%
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
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