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5240 N Atlantic Ave
Cocoa Beach, FL 32931
Wave Center · Retail Property For Lease · 3,500 SF

Property Facts

Total Space Available 3,500 SF
Property Type Retail
Gross Leasable Area 20,300 SF
Year Built 2008
Parking Ratio 26.86/1,000 SF

About the Property

Two retail spaces available at a fully leased shopping center on North Atlantic Avenue in Cocoa Beach. 2,000 SF and 1,500 SF, available individually or combined as a single 3,500 SF block. Here's the deal: if a tenant takes the entire 3,500 SF, the seller puts $100,000 toward build-out. That is not a typo. 330 feet of direct frontage on North Atlantic Avenue with 27,180 cars passing daily. This stretch of A1A sits between Port Canaveral, one of the busiest cruise terminals in the world, and the Cocoa Beach tourist core anchored by Ron Jon Surf Shop one mile south. That means this center captures two distinct and consistent traffic streams: cruise passengers and beach tourists, every single day. Built in 2008. 20,300 SF center, fully leased except for these two units. Parking ratio of 26.86 per 1,000 SF plus additional rear parking. Retail and restaurant use both permitted. Full signed and sealed restaurant plans already exist. The unit includes a 20-ton A/C and an in-ground grease trap. The infrastructure is done. $24.00/SF/YR NNN | 2,000 SF | 1,500 SF | 3,500 SF combined $100,000 build-out credit available on full parcel lease.

  • Signage
  • Monument Signage
  • Air Conditioning
  • Listing ID: 39727509

  • Date on Market: 3/10/2026

  • Last Updated:

  • Address: 5240 N Atlantic Ave, Cocoa Beach, FL 32931

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