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2065 US Highway 1 1,274 SF 100% Leased Retail Building Rockledge, FL 32955 $1,000,000 ($784.93/SF) 9.46% Cap Rate
INVESTMENT HIGHLIGHTS
- This multi-tenant dealership offers strong income potential with 2 existing leases & a 3rd to be executed by the seller as part of a sale-leaseback
- The property features an ingress & egress point, a fully equipped garage with tire balancing, rotation, & installation machines, plus 2 vehicle lifts
- Positioned along Rockledge Blvd, the site offers excellent signage, frontage, & visibility which is ideal for businesses seeking high exposure
- Leaseback terms are negotiable, proving flexibility for investors or owner/users to occupy the space with supplemental cashflow
- One of the few properties in the area eligible for dealership license registration
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,274 SF
Building Class
C
Year Built/Renovated
1929/2024
Price
$1,000,000
Price Per SF
$784.93
Cap Rate
9.46%
NOI
$94,562
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.06
Lot Size
0.45 AC
Zoning
M-2 - M-2 - Light Industrial and Warehousing Zoning.
Frontage
625’ on US1 / Rockledge Boulevard
AMENITIES
- Security System
- Signage
- Storage Space
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 25-36-10-00-00516.0-0000.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $209,210 |
PROPERTY TAXES
Parcel Number
25-36-10-00-00516.0-0000.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$209,210
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2065 US Highway 1
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