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Fluent Dispensary & Industrial Building 941 N Cocoa Blvd 15,342 SF 100% Leased Office Building Cocoa, FL 32922 $3,239,262 ($211.14/SF) 9.64% Cap Rate



INVESTMENT HIGHLIGHTS
- Owner-User/Value-Add Opportunity: The ±12,769-SF vacant industrial building presents a compelling opportunity for an owner-user to acquire
- 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 a NNN lease with Fluent, a multi-state cannabis operator, 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
15,342 SF
Building Class
C
Year Built
1979
Price
$3,239,262
Price Per SF
$211.14
Cap Rate
9.64%
NOI
$312,265
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
15,342 SF
Building FAR
0.51
Lot Size
0.69 AC
Zoning
C-G, Cocoa
1 1
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
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Fluent Dispensary & Industrial Building | 941 N Cocoa Blvd
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