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Capeside Center 8121-8185 Canaveral Blvd 18,400 SF 100% Leased Retail Building Cape Canaveral, FL 32920 $4,229,950 CAD ($229.89 CAD/SF) 3.01% Cap Rate



Investment Highlights
- Value-add shopping center with 13 suites and 100% occupancy in Cape Canaveral, FL.
- Strong demographics: 9.8% population growth in 2 miles and $92,000 avg HH income in 5 miles.
- Located minutes from Kennedy Space Center in Florida’s Space Coast economic hub.
- Offered at $170 per SF, well below replacement cost, providing downside protection.
- In-place rents are significantly below market, offering NOI growth potential.
- Florida tax-advantaged environment with no state income tax and business-friendly regulations.
Executive Summary
Kyle Matthews
Matthews Real Estate Investment Services, Inc
License # CQ1066435, BK3554632 (FL)
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Matthews Real Estate Investment Services, Inc
License # CQ1066435, BK3554632 (FL)
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
18,400 SF
Building Class
C
Year Built
1967
Price
$4,229,950 CAD
Price Per SF
$229.89 CAD
Cap Rate
3.01%
NOI
$127,188 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
1.74 AC
Zoning
C1, Cape Canaveral
Parking
65 Spaces (3.53 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Canaveral Meats & Deli
- -
- -
- -
- -
- Dave Kalm Plumbing Inc
- Construction
- -
- -
- -
- Di Lorenzo's Pizza
- Accommodation and Food Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Canaveral Meats & Deli | - | - | - | - | ||
| Dave Kalm Plumbing Inc | Construction | - | - | - | ||
| Di Lorenzo's Pizza | Accommodation and Food Services | - | - | - |
Bike Score®
Very Bikeable (70)
Property Taxes
| Parcel Number | 24-37-14-00-00518.0-0000.00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,049,859 CAD |
Property Taxes
Parcel Number
24-37-14-00-00518.0-0000.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,049,859 CAD
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Capeside Center | 8121-8185 Canaveral Blvd
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