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Cocoa Single Tenant NN Retail Site 938 Dixon blvd

2,545 SF Retail Building Cocoa, FL 32922 £425,481 (£167/SF) 5.74% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • 32 surface parking spaces for single stand alone building
  • 20 minutes estimated travel time to Kennedy Space Center
  • Conveniently located in the center between State Roads 520, 528 and I-95
  • Minutes away from the Historic Cocoa Village/Downtown Cocoa
  • Less than 0.5 ± mile from U.S. Highway 1 (33,000 VPD)
  • 3.5 years remaining on lease

EXECUTIVE SUMMARY

Welcome to 938 Dixon Blvd, a prime income-producing property located in the heart of Cocoa, Florida. This versatile property offers a unique opportunity for investors seeking a strategically positioned asset with significant potential. Boasting a generous lot dimension of 0.74 acres, this property is a valuable addition to any retail investment portfolio.

ATTACHMENTS

Cocoa Single Tenant NN Retail Site Updated Flyer February 2025)

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,545 SF
Year Built
1988
Price
£425,481
Price Per SF
£167
Net Initial Yield
5.74%
NOI
£24,432
Tenancy
Single
Number of Floors
1
Building FAR
0.08
Lot Size
0.74 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
CN
Parking
32 Spaces (12.57 Spaces per 1,000 SF Leased)

AMENITIES

  • Restaurant
  • Signage
  • Drive Thru
  • Air Conditioning

LINKS

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NEARBY MAJOR RETAILERS

Rent-A-Center
Buddy's Home Furnishings
Wells Fargo
Winn-Dixie
The YMCA

PROPERTY TAXES

Parcel Number 24-36-29-BV-00000.0-000A.03 Improvements Assessment £110,148
Land Assessment £83,506 Total Assessment £193,654

PROPERTY TAXES

Parcel Number
24-36-29-BV-00000.0-000A.03
Land Assessment
£83,506
Improvements Assessment
£110,148
Total Assessment
£193,654
(407) 516-4300

CONTACTS

  • Listing ID: 31004909

  • Date on Market: 20/02/2024

  • Last Updated:

  • Address: 938 Dixon blvd, Cocoa, FL 32922

The Retail Property at 938 Dixon blvd, Cocoa, FL 32922 is currently available for sale. Contact Saunders Commercial for more information.

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Cocoa Single Tenant NN Retail Site | 938 Dixon blvd
(407) 516-4300 x

Cocoa Single Tenant NN Retail Site | 938 Dixon blvd

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Bill Nguyen

(407) 516-4300

(407) 516-4300

Tina M. Christensen

(321) 514-2165

(321) 514-2165

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