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105 Brevard Ave, Cocoa, FL 924 E New Haven Ave, Melbourne, FL
Downtown Cocoa & Melbourne NNN Retail Portfolio
Asset ClassRetail
Deal Size$6.85 B
Cap Rate: 7.64%Access Data Room
Two (2) Property Portfolio
overview of deal

Overview

Franklin Street is pleased to present Two (2) Retail Properties For Sale Available along the Eastern Coast of Florida.

Both properties can be purchased together or separately.

9 tenants occupy 100% of the total 30,139 SF, all on NNN leases.

 

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Investment Highlights

  • 100% Occupied amongst all NNN Leases
  • Prime Downtown Locations
  • Strong Annual Rent Increases of 4% ~ 6%
  • High Visibility and Foot Traffic
  • Strong and Affluent Demographic

Cocoa

$3,050,000 | 8.00% Cap

16,976 SF | Five Tenants

Melbourne

$3,800,000 | 7.34% Cap

13,343 SF | Four Tenants

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105 Brevard AveCocoa, FL 32922

Sales Team

1311 North Westshore Boulevard, Suite 200, Tampa, FL 33607
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Listing provided by Revere CRE