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1258 US Highway 1
Rockledge, FL 32955
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- The property is adjacent to the South of TJ's Restaurant, and just South of Coral Sands Drive.
- The location provides a high visibility and traffic count at 32-38k CPD 2012.
- The owner would be open to a sale leaseback and financing options.
EXECUTIVE SUMMARY
Located in prime location of US Hwy 1, this property provides a high visibility and traffic count at 32-38k CPD 2012. The main building has offices/restrooms and a 4 bay garage for auto repairs and was renovated throughout in 2011! The business sells quality used cars. They also do mechanical repairs on most types of vehicles and have mechanics on staff. The business has been operating since 2010 and the owner has had many years experience. Training may be provided as well. All good will, equipment, fixtures, real estate included or business may be purchased separately with renting the building. High return. Owner Financing options. Showings by appointment only - DO NOT VISIT SITE WITHOUT APPOINTMENT. Please email us to receive the full investment report.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,056 SF
Building Class
C
Year Built/Renovated
1964/2011
Price
$1,500,000
Price Per SF
$729.57
Cap Rate
11.06%
NOI
$165,960
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.48 AC
Zoning
RMU - rural mixed-use
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 25-36-04-00-00024.0-0000.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $243,890 |
PROPERTY TAXES
Parcel Number
25-36-04-00-00024.0-0000.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$243,890
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