3700 N. Highway 1, Cocoa, FL for sale

Investment Overview

Initial Term March 7, 2024 – March 6, 2029 $11,700/month NNN + OPEX. Est. 2026 NOI $140,400 (7.0% CAP) Long Term Commitment to the Building with Two 5-Year Renewal Options 10% Base Rent Escalator in Years 6 & 11 NNN Lease. Signed Personal Guarantee Utilities: City Water, Septic, Piped Underground Natural Gas, 3-Phase FPL Electric 100% HVAC. LED Lighting. Polished Concrete Flooring Clear Height Ranges 12’ 6” – 16’ +/-. One 10’ Wide x 12’ Tall +/- Grade Level Door 25 Asphalt Paved/Striped/Illuminated Parking Spaces Traffic Count est. 32,500 VPD on US1 Please do not Disturb Occupant