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Retail/Office Across from Proposed AMTRACK Station
940 Rockledge Boulevard, Rockledge, FL 32955

Aerial View East
$6,500,000
139,087 SF
$46.73
Retail
Strip Center
Investment
1
Multiple
1964
13.22 AC
2436330000758.00000.00
-
Find Out More...
Last Verified 5/14/2012
Listing ID 15256550
Highlights
Great Exposure - Highway US 1
Investment Opportunity
Redevelopment Opportunity
Conceptual Plan Available
Two Retail Buildings
Two Office Buildings
Description
The overall site size is 13.22 ± acres and includes about nine acres of paved lighted parking and a .23 acre office building lot on Florida Avenue. The Rockledge Boulevard (US 1) frontage is 540 ± feet. The structures include 139,000 sf in retail and office buildings: 908 Rockledge Blvd., a 31,185 ± sf retail strip center (1964 CB/Stucco/ BUTG roof); 940 Rockledge Blvd., a 103,532 ± sf big box retail mall (1965 CB/Stucco / Brick / Thermal Glass / BUTG & Metal roof); and 925 Florida Avenue, 5,260 ± sf of office space in two buildings (Frame / BUTG and Shingle roof / Built 1952 & 1982). Retail occupancy is about 20% and office space is vacant. City of Cocoa Water / Rockledge Sewer. Zoning is RMU Redevelopment Mixed Use District City of Rockledge and allows a density up to 25 units per acre and heights up to 110 feet with certain architectural and site design guidelines. Conceptual site plans / elevations in file for two multi-family projects: One with 369 residential units and 50,000 sf of retail/office and the second with 156 residential units and 23,000 sf of commercial use. Traffic Count 32,800 ADT
908 & 940 Rockledge Blvd. and 925 Florida Ave., Rockledge, Brevard County, FL. The properties are located on the East side of Highway U.S. # 1, North of Dixie Lane, approximately ½ mile South of SR 520/King Street. Situated on a major artery in the well-established Rockledge/Cocoa area and North of the rapidly growing Viera/Suntree area, this retail center enjoys a large customer base. Area of strong medical influence with Wuesthoff Medical Center one mile South. Site is directly across from proposed AMTRAK station and prime for retro- fitting the block structures to transit-oriented development. US #1 is a major commercial corridor that runs the entire East coast of Florida and the United States.
Map of 940 Rockledge Boulevard, Rockledge, FL 32955 (Brevard County)
Created 7/25/2007
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Additional Information for 940 Us Highway 1, Rockledge, FL 32955
View the Property Record for this address to access additional information such as historical listings, property details, tax details, owners, mortgages, tenants, and more.
Asking Price Index Trends for Rockledge, FL Retail For Sale
| |
Mar 12 |
vs. 3 mo. prior |
Y-O-Y |
- State | $152 | -0.4% | -4.7% |
- Metro | $129 | -5.2% | -2.9% |
- County | $137 | -5.3% | -0.8% |
View Rockledge Market Trends for other property types for sale or lease. Learn more about the chart info.
The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P