1324 Highway A1A - Freestanding FOR SALE


Satellite Beach, FL 32937
$2,250,000 USD
321-300-4773
1324 Highway A1A, Satellite Beach, FL for Sale
$2,250,000 USD
Freestanding - FOR SALE
1/16
null | Request Cap Rate

1324 Highway A1A
Satellite Beach, FL 32937


OVERVIEW

A1A visibility does not get better than this. 9,550 square feet of commercial space on one of Brevard County's highest-traffic coastal corridors, with 29,000+ vehicles passing daily. An established dental practice anchors the center at 4,829 square feet, with two additional suites delivered ready for occupancy: 2,071 square feet of vanilla shell and 2,650 square feet of grey shell, giving a buyer flexibility to lease as-is or negotiate build-to-suit terms. The location sells itself. Directly across from Satellite High School and DeLaura Middle School, captive daily traffic from two schools feeding a dense suburban trade area. Less than a mile from a new 27-acre mixed-use development adding residential density and retail demand. Patrick Space Force Base is a short drive south, keeping the local employment base stable and growing. The trade area fundamentals back the investment thesis. Average household income exceeds $110,000 within three miles. Over 26,000 residents in the immediate area. This is an affluent, coastal submarket with limited competitive supply and a consumer base that spends. Zoned commercial and suited for retail or professional services, the two vacant suites offer distinct lease-up scenarios. The vanilla shell attracts tenants ready to move fast. The grey shell opens the door for a build-to-suit deal at a premium rate. Together they represent a clear value-add path with an income-producing anchor already in place. In a market like this, coastal retail with this kind of visibility does not come available often. The anchor is in place, the location is proven, and 4,721 square feet of vacant space is ready to work for you. Lease both suites and collect three streams of income. Occupy one and let the other two pay your mortgage. Either way, A1A does the heavy lifting.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$227 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

C

APN/PARCEL ID

26-37-35-EA-0000C.0-0001.00

ASK ABOUT THIS PROPERTY

Cassandra HartfordREACH Commercial Real EstateMore Info
321-300-4773

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Cassandra HartfordREACH Commercial Real EstateMore Info
321-300-4773

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