105-111 Cleveland Ave - Storefront FOR SALE


Cocoa Beach, FL 32931- Coastal Brevard
$1,250,000 USD
321-508-4803
105-111 Cleveland Ave, Cocoa Beach, FL for Sale
$1,250,000 USD
Storefront - FOR SALE
1/9
null | 7.06% Cap Rate

105-111 Cleveland Ave
Cocoa Beach, FL 32931
Coastal Brevard


OVERVIEW

Building currently 100% occupied. Two tenants - 2,000 sf physical therapy office and 4,000 sf consulting office. Entire building refurbished in 2007. New roof in 2024. New 2-year renewal on the physical therapy office with a conversion to a triple net. Strong increasing ROI with existing leases and substantial increase when leases are converted to existing market rates.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$183 USD /SF

CAP RATE

7.06%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

BU1

APN/PARCEL ID

24-37-26-CG-00090.0-0003.00

ASK ABOUT THIS PROPERTY

Bob ScalesGrissom Work Bays & StorageMore Info
321-508-4803

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Bob ScalesGrissom Work Bays & StorageMore Info
321-508-4803

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.