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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
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
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100
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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