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Northway Plaza 2935-2959 Garden St 21,368 SF 75% Leased Retail Building Titusville, FL 32796 $3,150,000 ($147.42/SF) 4.43% Cap Rate

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EXECUTIVE SUMMARY

2959 Garden Street is a 21,368-square-foot retail building anchored by
Harbor Freight Tools, a
nationally recognized tenant occupying approximately 15,944 square feet.
The remaining 5,424-square-
foot suite is currently vacant, o?ering immediate upside through lease-up in
a corridor with strong
tra?c and retail demand. With excellent visibility along Garden Street and
proximity to established
commercial operators, the property presents a compelling investment
opportunity in the expanding
North Brevard marketplace.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
21,368 SF
Building Class
C
Year Built/Renovated
1985/2021
Price
$3,150,000
Price Per SF
$147.42
Cap Rate
4.43%
NOI
$139,669
Percent Leased
75%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.18
Lot Size
2.67 AC
Zoning
RC
Parking
72 Spaces (3.37 Spaces per 1,000 SF Leased)
Frontage
179’ on Garden St

AMENITIES

  • Bus Line
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Harbor Freight Tools is a privately held discount tool and equipment retailer founded in 1977 by Eric Smidt and Allan Smidt. Headquartered in Calabasas, California, the company began as a mail-order business and opened its first retail store in 1980. Harbor Freight operates over 1,600 stores across 48 states and employs more than 30,000 people. The retailer offers a wide range of products, including hand tools, power tools, automotive equipment, generators, and shop supplies, marketed under proprietary brands such as Pittsburgh, Bauer, Hercules, and U.S. General. Harbor Freight’s business model focuses on direct sourcing from manufacturers to reduce costs and provide tools at prices significantly lower than competitors. The company also maintains a strong e-commerce presence and offers financing options, loyalty programs, and extended service plans. Harbor Freight remains family-owned and is recognized for its commitment to affordability and value in the tool retail industry.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer - $9.99 Lorem Ipsum Jan 0000

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 5,865 SF
  • Retail
  • End Cap
  • Now

Prior auto retail store

Space Size Space Use Position Available
1st Floor 5,865 SF Retail End Cap Now

1st Floor

Size
5,865 SF
Space Use
Retail
Position
End Cap
Available
Now

1st Floor

Size 5,865 SF
Space Use Retail
Position End Cap
Available Now

Prior auto retail store

NEARBY MAJOR RETAILERS

Beef 'O' Brady's
Buddy's Home Furnishings
Workout Anytime
Publix

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
21-35-32-00-00517.0-0000.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,168,250
  • Listing ID: 39212125

  • Date on Market: 1/26/2026

  • Last Updated:

  • Address: 2935-2959 Garden St, Titusville, FL 32796

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