3700 N Highway 1 new

Cocoa,FL 32926

$ 2065000

0 Bed

4 Baths

10570 SqFt


Key Details

Property Type Commercial

Sub Type Warehouse

Listing Status Active

Purchase Type For Sale

Square Footage 10,570 sqft

Price per Sqft $195

MLS Listing ID 1033831

HOA Y/N No

Total Fin. Sqft 10570

Originating Board Space Coast MLS (Space Coast Association of REALTORS®)

Year Built 1983

Annual Tax Amount $11,456

Tax Year 2022

Lot Size 0.840 Acres

Acres 0.84

Property Description

Excellent opportunity to purchase a 10,570 SF income producing property in the heart of Brevard County! Tenant is Juniper Mountain Coffee. Lease term is 3/7/24 - 3/6/29. Tenant pays $11,700/month + OPEX (est. 2025 NOI $140,400). Long term commitment to the site with two 5-year renewal options. There is a 10% base rent increase in Years 6 & 11. Taxes/Insurance/Building Maintenance are Tenant responsibility under the NNN lease structure. Metal structure. Renovated in 2024. Interior is 100% HVAC, has LED lighting, and polished concrete flooring throughout. Clear height ranges 12' 6'' - 16' +/-. There is one 10' wide x 12' tall +/- grade level door. Utilities include City Water, Septic, Piped Natural Gas, and 3-Phase FPL Electric. Ample parking with 25 paved/striped parking spaces. Close proximity to Kennedy Space Center, Port Canaveral, and Patrick Space Force Base. Nearby employers include Blue Origin, SpaceX, NASA, and Boeing to name a few. Call today for details!

Location

State FL

County Brevard

Area 107 - Port St. John

Direction Starting on SR 528 turn north onto US1. Property is located on the east side of US1 just north of Cross Road. If you get to Lazy-Boy Furniture then you have gone too far north.

Interior

Cooling Central Building

Flooring Concrete

Inclusions Building & Land

Exterior

Exterior Feature ExteriorFeatures

Parking Features Parking Lot

Utilities Available Electricity Connected,Natural Gas Connected,Water Connected

Roof Type Metal

Present Use Industrial

Garage No

Building

Lot Description Other

Sewer Septic Tank

Water Public

Others

Senior Community No

Tax ID 24-36-08-00-00272.0-0000.00

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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