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Wave Center 5240 N Atlantic Ave 1,643 - 3,625 SF of Retail Space Available in Cocoa Beach, FL 32931
HIGHLIGHTS
- IF TENANT TAKES THE ENTIRE PARCEL (APPROX 3500 SQ FT) SELLER WILL GIVE $100,000 CREDIT FOR BUILD OUT.
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 190 | 1,982 SF | 3-5 Years | $33.50 CAD/SF/YR $2.79 CAD/SF/MO $66,401 CAD/YR $5,533 CAD/MO | Modified Gross | ||
| 1st Floor, Ste 195 | 1,643 SF | Negotiable | $33.50 CAD/SF/YR $2.79 CAD/SF/MO $55,044 CAD/YR $4,587 CAD/MO | Modified Gross |
1st Floor, Ste 190
Located in Cocoa Beach, right down the street from the beach! Fully leased mall with 1 space left! Largest unit with over 3500 sq.ft! Great traffic counts! Ready for your new business!
- Listed rate may not include certain utilities, building services and property expenses
- Central Air Conditioning
1st Floor, Ste 195
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT WAVE CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Ice Cream Hut
- Retailer
- -
- -
- Invogue Salon & Spa LLC
- Services
- 1
- -
- Mexicos Grill
- -
- 1
- -
- Pizza Vola
- -
- 1
- -
- Q Crackin' Crab
- -
- 1
- -
- Sugar Planet
- -
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Ice Cream Hut | Retailer | - | - |
| Invogue Salon & Spa LLC | Services | 1 | - |
| Mexicos Grill | - | 1 | - |
| Pizza Vola | - | 1 | - |
| Q Crackin' Crab | - | 1 | - |
| Sugar Planet | - | - | - |
PROPERTY FACTS
| Total Space Available | 3,625 SF | Year Built | 2008 |
| Property Type | Retail | Parking Ratio | 26.86/1,000 SF |
| Gross Leasable Area | 20,300 SF |
| Total Space Available | 3,625 SF |
| Property Type | Retail |
| Gross Leasable Area | 20,300 SF |
| Year Built | 2008 |
| Parking Ratio | 26.86/1,000 SF |
ABOUT THE PROPERTY
IF TENANT TAKES THE ENTIRE PARCEL (APPROX 3500 SQ FT) SELLER WILL GIVE $100,000 CREDIT FOR BUILD OUT. 2 Units available! 1 space is 2,000 sqft and the other is 1,500 sqft (or 3,500 total). Located in the heart of bustling and tourist-centered Cocoa Beach, this retail shopping center offers 330' of direct frontage on North Atlantic Avenue. This section of North Atlantic Avenue is currently reporting 27,180 cars passing daily. There is ONLY 1 unit available! Additional Parking rear of building. Can be retail or restaurant use. Full signed and sealed build out plans for a restaurant is available. Unit 20 ton A/C and an in-ground grease trap. Westgate Cocoa Beach Pier is a 5 minute walk from the center. Center is fully leased besides these 2 units! $24 Sq. Ft/Yr
- Signage
- Monument Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
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Wave Center | 5240 N Atlantic Ave
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