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Clara Rodriguez

clara.rodriguez@engelvoelkers.com +1(321) 345-3171

$ 1,995,000

Est. payment -/mo

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3700 N Highway 1 Cocoa, FL 32926

4 Baths

10,570 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 10,570 sqft

Price per Sqft $188

MLS Listing ID 1076970

Total Fin. Sqft 10570

Year Built 1983

Annual Tax Amount $17,887

Tax Year 2025

Lot Size 0.840 Acres

Acres 0.84

Property Sub-Type Retail

Source Space Coast MLS (Space Coast Association of REALTORS®)

Land Area 10570

Property Description

Excellent opportunity to purchase a recently renovated single tenant NNN investment property in booming Brevard County! Introducing 3700 N. Highway 1 which is a 10,570 SF retail showroom/warehouse that is leased to Juniper Mountain Coffee. Initial lease term is March 7, 2024 - March 6, 2029. Rent is $11,700/month NNN + OPEX. Est. 2026 NOI is $140,400 which is a 7.0% CAP. Long term commitment to the building with Two 5-year renewal options. There are 10% base rent escalators in years 6 & 11 of the lease (should the Tenant renew). Building underwent a full renovation in 2024.... 100% HVAC, LED Lighting, Polished concrete flooring. Clear height ranges 12' 6'' - 16' +/-. There is one 10' wide x 12' tall +/- grade level door. Utilities include City Water, Septic, Piped Underground Natural Gas, and 3-Phase FPL Electric. There are 25 asphalt paved/striped/illuminated parking spaces. Traffic count is est. 32,500 VPD on US1.

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. If you get to Silver Hill Lane then you have gone too far north.

Interior

Cooling Central Air

Flooring Concrete

Inclusions Building & Land

Exterior

Exterior Feature ExteriorFeatures

Parking Features Parking Lot

Utilities Available Electricity Connected, Natural Gas Available, Water Connected

Present Use Commercial,Industrial,Retail

Road Frontage Highway

Garage No

Building

Lot Description Cleared

Sewer Septic Tank

Water Public

Others

Senior Community No

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

Special Listing Condition Presently Leased

Virtual Tour https://www.virtualtourcafe.com/mls/10005931

Space Coast Association of Realtors (Brevard MLS)

Listed by The Ullian Realty Corporation

NEARBY SCHOOLS & PROPERTIES

Clara Rodriguez

Advisor | License ID: 3457253

+1(321) 345-3171

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