1122 Lake Dr - Storefront Retail/Office FOR SALE


Cocoa, FL 32922
$675,000 USD
305-395-4917
1122 Lake Dr, Cocoa, FL for Sale
$675,000 USD
Storefront Retail/Office - FOR SALE
1/21
null | 12.33% Cap Rate

1122 Lake Dr
Cocoa, FL 32922


HIGHLIGHTS

  • Located in the heart of Cocoa, Florida, the Property benefits from its position within one of Florida's fastest-growing regions.
  • The Property consists of approximately 5,300+ square feet of retail and professional office space configured across eight suites within 2 buildings
  • Positioned along Lake Drive with approximately 74 feet of frontage and convenient access to major thoroughfares including King Street and Fiske Blvd
  • Recent market data indicates average retail rental rates in the area exceed many of the Property's in-place lease rates

OVERVIEW

We are pleased to present 1122 Lake Drive, a mixed-use retail and office investment opportunity strategically located in Cocoa, Florida. This neighborhood shopping center consists of eight units (A–H) spread across two buildings, offering a diverse mix of retail and professional office tenants that create multiple income streams and broad market appeal. Positioned along a major thoroughfare with strong daily traffic counts, the property benefits from excellent visibility, on-site parking, and convenient access for customers and employees alike. Located in a growing market supported by continued economic development and population growth, 1122 Lake Drive offers investors a compelling combination of current cash flow, tenant demand, and future upside potential. Whether pursued as a long-term hold or value-add investment, the property presents an attractive chance to acquire a well located commercial asset with strong fundamentals and room for continued growth.

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$127 USD /SF

CAP RATE

12.33%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

CW

APN/PARCEL ID

24-36-32-03-00000.0-0015.01

ASK ABOUT THIS PROPERTY

Blake WisdomWisdom Capital GroupMore Info
305-395-4917

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Blake WisdomWisdom Capital GroupMore Info
305-395-4917

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