105-113 Brevard Ave - Storefront FOR SALE


Cocoa, FL 32922
$3,185,000 USD
954-820-7455
105-113 Brevard Ave, Cocoa, FL for Sale
$3,185,000 USD
Storefront - FOR SALE
1/20
null | 7.67% Cap Rate

105-113 Brevard Ave
Cocoa, FL 32922


HIGHLIGHTS

  • Fully Leased Retail Asset- The property boasts 100% occupancy across five tenants with long-term leases in place, ensuring stable & predictable income
  • Tenants have 4% - 6% Annual Rent Increases
  • Triple Net (NNN) Lease Structure- All leases are NNN, shifting responsibility for taxes, insurance, and common area maintenance to tenants
  • Prime Downtown Cocoa Location- Situated on historic Brevard Avenue, the asset benefits from strong foot traffic, proximity to Cocoa Riverfront Park
  • Solid Demographic Base- Over 95,000 residents live within a 5-mile radius, w/ an average household income of $95,214—supporting ongoing retail demand
  • Strong Rental Momentum- Market base rents projected to grow with annual escalations, increasing NOI steadily through the 5-year cash flow forecast

OVERVIEW

Downtown Cocoa Retail, 105–113 Brevard Avenue, is a fully leased, multi-tenant retail property located in the heart of Historic Downtown Cocoa. The building totals 16,976 SF and sits on a 0.29-acre lot with a strong mix of five tenants, including Cleopatraink LLC, My Community Room, Mystic Lobster, Sip Happens in the Village, and Treehouse Smoke Shop. All tenants are on NNN leases, making this a low-management investment with steady cash flow. Originally built in 1923, the property combines historic charm with modern functionality, drawing both local foot traffic and visitors. It’s well-positioned on Brevard Avenue with strong visibility and is supported by nearby corridors like King Street and Willard Street, each seeing around 14,000 vehicles per day. The surrounding area is growing, with nearly 96,000 people within five miles and strong income levels. As part of the Cocoa Village district, the asset benefits from consistent pedestrian activity, local events, and waterfront attractions that help drive tenant success and future rent growth. 105-113 Brevard Avenue offers an investor the opportunity to acquire an extremely well maintained multi tenant retail building with minimal landlord responsibility in Downtown Cocoa Village.

FOR SALE DETAILS

PRICE

$3,185,000 USD

PRICE/SF

$163 USD /SF

CAP RATE

7.67%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1923

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

CBD

APN/PARCEL ID

24-36-33-35-00000.0-0001.01

ASK ABOUT THIS PROPERTY

Dylan MorseFranklin StreetMore Info
954-820-7455

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Dylan MorseFranklin StreetMore Info
954-820-7455

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