4085-4087 US Highway 1
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4085-4087 US Highway 1
9,600 SF Vacant Office Building Rockledge, FL 32955 £1,018,290 (£106/SF) 7.58% Net Initial Yield
Investment Highlights
- Proforma NOI & CAP rate with vacant 3,600 sf leased at $14.50/sf gross - $98,500 - 7.6%
- Includes .85 acre lot on the west side of Highway 1
Executive Summary
Introducing a prime investment opportunity at 4085 & 4087 U.S. 1, Rockledge, FL. There is 3,600 sf vacant which can be used by an Owner/User or can be leased for additional income. This meticulously maintained 9,600 SF building houses 8 units, offering ample space for a range of office configurations. Built in 2004 and recently renovated in 2020, this property is primed for modern business needs. Zoned BU-1 General Retail Commercial, it presents an attractive prospect in the flourishing Viera/Rockledge area. Don't miss out on this turnkey opportunity in a thriving commercial hub.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
9,600 SF
Building Class
B
Year Built
1999
Price
£1,018,290
Price Per SF
£106
Net Initial Yield
7.58%
NOI
£77,155
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
9,600 SF
Building FAR
0.42
Lot Size
0.53 AC
Zoning
BU1 - general commercial
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
$14.50/sf for 3,600 sf. $16.00/sf for 1,200 sf or 2,400 sf
$14.50/sf for 3,600 sf. $16.00/sf for 1,200 sf or 2,400 sf
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 102 | 1,200-3,600 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 103 | 1,200-3,600 SF | Office | Full Build-Out | Now |
1st Fl-Ste 102
| Size |
| 1,200-3,600 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 103
| Size |
| 1,200-3,600 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
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VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Fl-Ste 102
| Size | 1,200-3,600 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
$14.50/sf for 3,600 sf. $16.00/sf for 1,200 sf or 2,400 sf
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Fl-Ste 103
| Size | 1,200-3,600 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
$14.50/sf for 3,600 sf. $16.00/sf for 1,200 sf or 2,400 sf
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £302,832 | |
| Land Assessment | £39,964 | Total Assessment | £683,429 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£39,964
Improvements Assessment
£302,832
Total Assessment
£683,429
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VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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4085-4087 US Highway 1
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