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Space Availability (2)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 100
  • 2,800 SF
  • Negotiable
  • $48.21 CAD/SF/YR $4.02 CAD/SF/MO $134,995 CAD/YR $11,250 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Availability
2026-07-01

2,800 SF interior restaurant space with a dedicated 1,000 SF outdoor seating area, 3,800 SF total usable. North Atlantic Avenue through Cocoa Beach sees 27,180 vehicles per day, with 330 feet of frontage giving this center serious visibility from the road. The location sits in the corridor between Port Canaveral, one of the world's busiest cruise ports, and the Cocoa Beach tourist core. Two reliable, high-volume traffic streams, every day of the week. The restaurant infrastructure is already in place: 20-ton A/C, in-ground grease trap, and full signed and sealed restaurant plans. Whoever goes in here is not starting from scratch. The center was built in 2008, totals 20,300 SF, and is fully leased with the exception of this space. Parking at 26.86 per 1,000 SF plus additional rear parking. Retail use also permitted. $35.00/SF/YR NNN | 2,800 SF Interior + 1,000 SF Outdoor | Available July 1, 2026

  • Lease rate does not include utilities, property expenses or building services
  • Highly Desirable End Cap Space
  • 1st Floor, Ste 190
  • 3,500 SF
  • Negotiable
  • $41.33 CAD/SF/YR $3.44 CAD/SF/MO $144,638 CAD/YR $12,053 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Availability
Now

Two retail spaces available at a fully leased shopping center on North Atlantic Avenue in Cocoa Beach. 2,000 SF and 1,500 SF, available individually or combined as a single 3,500 SF block. Here's the deal: if a tenant takes the entire 3,500 SF, the landlord puts $100,000 toward build-out. That is not a typo. 330 feet of direct frontage on North Atlantic Avenue with 27,180 cars passing daily. This stretch of A1A sits between Port Canaveral, one of the busiest cruise terminals in the world, and the Cocoa Beach tourist core anchored by Ron Jon Surf Shop one mile south. That means this center captures two distinct and consistent traffic streams: cruise passengers and beach tourists, every single day. Built in 2008. 20,300 SF center, fully leased except for these two units. Parking ratio of 26.86 per 1,000 SF plus additional rear parking. Retail and restaurant use both permitted. Full signed and sealed restaurant plans already exist. The unit includes a 20-ton A/C and an in-ground grease trap. The infrastructure is done. $30.00/SF/YR NNN | 2,000 SF | 1,500 SF | 3,500 SF combined $100,000 build-out credit available on full parcel lease.

  • Lease rate does not include utilities, property expenses or building services
Space Size Term Rental Rate Rent Type
1st Floor, Ste 100 2,800 SF Negotiable $48.21 CAD/SF/YR $4.02 CAD/SF/MO $134,995 CAD/YR $11,250 CAD/MO Triple Net (NNN)
1st Floor, Ste 190 3,500 SF Negotiable $41.33 CAD/SF/YR $3.44 CAD/SF/MO $144,638 CAD/YR $12,053 CAD/MO Triple Net (NNN)

1st Floor, Ste 100

Size
2,800 SF
Term
Negotiable
Rental Rate
$48.21 CAD/SF/YR $4.02 CAD/SF/MO $134,995 CAD/YR $11,250 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Availability
2026-07-01

2,800 SF interior restaurant space with a dedicated 1,000 SF outdoor seating area, 3,800 SF total usable. North Atlantic Avenue through Cocoa Beach sees 27,180 vehicles per day, with 330 feet of frontage giving this center serious visibility from the road. The location sits in the corridor between Port Canaveral, one of the world's busiest cruise ports, and the Cocoa Beach tourist core. Two reliable, high-volume traffic streams, every day of the week. The restaurant infrastructure is already in place: 20-ton A/C, in-ground grease trap, and full signed and sealed restaurant plans. Whoever goes in here is not starting from scratch. The center was built in 2008, totals 20,300 SF, and is fully leased with the exception of this space. Parking at 26.86 per 1,000 SF plus additional rear parking. Retail use also permitted. $35.00/SF/YR NNN | 2,800 SF Interior + 1,000 SF Outdoor | Available July 1, 2026

  • Lease rate does not include utilities, property expenses or building services
  • Highly Desirable End Cap Space

1st Floor, Ste 190

Size
3,500 SF
Term
Negotiable
Rental Rate
$41.33 CAD/SF/YR $3.44 CAD/SF/MO $144,638 CAD/YR $12,053 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Availability
Now

Two retail spaces available at a fully leased shopping center on North Atlantic Avenue in Cocoa Beach. 2,000 SF and 1,500 SF, available individually or combined as a single 3,500 SF block. Here's the deal: if a tenant takes the entire 3,500 SF, the landlord puts $100,000 toward build-out. That is not a typo. 330 feet of direct frontage on North Atlantic Avenue with 27,180 cars passing daily. This stretch of A1A sits between Port Canaveral, one of the busiest cruise terminals in the world, and the Cocoa Beach tourist core anchored by Ron Jon Surf Shop one mile south. That means this center captures two distinct and consistent traffic streams: cruise passengers and beach tourists, every single day. Built in 2008. 20,300 SF center, fully leased except for these two units. Parking ratio of 26.86 per 1,000 SF plus additional rear parking. Retail and restaurant use both permitted. Full signed and sealed restaurant plans already exist. The unit includes a 20-ton A/C and an in-ground grease trap. The infrastructure is done. $30.00/SF/YR NNN | 2,000 SF | 1,500 SF | 3,500 SF combined $100,000 build-out credit available on full parcel lease.

  • Lease rate does not include utilities, property expenses or building services

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
  • -
  • -
  • -
  • Invogue Salon & Spa LLC
  • Services
  • 1
  • -
  • Mexicos Grill
  • -
  • 1
  • -
  • Pizza Vola
  • -
  • 1
  • -
  • Q Crackin' Crab
  • -
  • 1
  • -
  • Sugar
  • -
  • 1
  • -
Tenant Description US Locations Reach
Ice Cream Hut - - -
Invogue Salon & Spa LLC Services 1 -
Mexicos Grill - 1 -
Pizza Vola - 1 -
Q Crackin' Crab - 1 -
Sugar - 1 -

Property Facts

Total Space Available 6,300 SF
Property Type Retail
Gross Leasable Area 20,300 SF
Year Built 2008
Parking Ratio 26.86/1,000 SF

About the Property

Two retail spaces available at a fully leased shopping center on North Atlantic Avenue in Cocoa Beach. 2,000 SF and 1,500 SF, available individually or combined as a single 3,500 SF block. Here's the deal: if a tenant takes the entire 3,500 SF, the seller puts $100,000 toward build-out. That is not a typo. 330 feet of direct frontage on North Atlantic Avenue with 27,180 cars passing daily. This stretch of A1A sits between Port Canaveral, one of the busiest cruise terminals in the world, and the Cocoa Beach tourist core anchored by Ron Jon Surf Shop one mile south. That means this center captures two distinct and consistent traffic streams: cruise passengers and beach tourists, every single day. Built in 2008. 20,300 SF center, fully leased except for these two units. Parking ratio of 26.86 per 1,000 SF plus additional rear parking. Retail and restaurant use both permitted. Full signed and sealed restaurant plans already exist. The unit includes a 20-ton A/C and an in-ground grease trap. The infrastructure is done. $24.00/SF/YR NNN | 2,000 SF | 1,500 SF | 3,500 SF combined $100,000 build-out credit available on full parcel lease.

  • Signage
  • Monument Signage
  • Air Conditioning
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

Publix
Starbucks
IHOP
Waffle House
  • Listing ID: 39727509

  • Date on Market: 2026-03-24

  • Last Updated:

  • Address: 5240 N Atlantic Ave, Cocoa Beach, FL 32931

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