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Value Add Industrial + Fluent Dispensary 941 N Cocoa Blvd 14,504 SF 100% Leased Office Building Cocoa, FL 32922 $3,239,262 ($223.34/SF) 6.89% Cap Rate
INVESTMENT HIGHLIGHTS
- Owner-User/Value-Add Opportunity: The ±11,931-SF industrial building is currently leased at below-market rents ($3.23/SF) under a short-term lease exp
- High Visibility: The subject property fronts US-1, a major north–south highway running from Key West to Maine near the Canadian border
- Large Parcel: Situated on a ±1.06-acre lot, the property offers ample space for future development or expansion, making it a valuable long-term asset.
- Passive Lease Structure: The property features two NNN leases, ensuring minimal landlord responsibilities.
- Great Access: The site benefits from convenient left-in, right-in, and right-out access points.
- Strong Corporate Guarantee/Multi-State Operator: This lease features a strong corporate guarantee. Fluent is a multi-state operator
EXECUTIVE SUMMARY
Broker of Record
Kyle Matthews
License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Kyle Matthews
License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
14,504 SF
Building Class
C
Year Built
1979
Price
$3,239,262
Price Per SF
$223.34
Cap Rate
6.89%
NOI
$223,189
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
14,504 SF
Building FAR
0.48
Lot Size
0.69 AC
Zoning
C-G, Cocoa
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- All Florida Grilling Outdoor Kitchens & Stone
- -
- 11,931 SF
- -
- -
- Fluent
- -
- 2,573 SF
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| All Florida Grilling Outdoor Kitchens & Stone | - | 11,931 SF | - | - | ||
| Fluent | - | 2,573 SF | - | - |
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PROPERTY TAXES
| Parcel Number | 24-36-28-00-00006.0-0000.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $901,020 |
PROPERTY TAXES
Parcel Number
24-36-28-00-00006.0-0000.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$901,020
CONTACTS
-
Alexander Machado -
Jake Lurie -
Daniel Gonzalez -
Matthews Real Estate Investment Services
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Value Add Industrial + Fluent Dispensary | 941 N Cocoa Blvd
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