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Value Add Industrial + Fluent Dispensary 941 N Cocoa Blvd 14,504 SF 100% Leased Retail Building Cocoa, FL 32922 $4,345,427 CAD ($299.60 CAD/SF) 7.10% Cap Rate
Investment Highlights
- Owner-User/Value-Add Opportunity: The ±11,931-SF industrial building is currently leased at below-market rents ($3.23/SF) under a short-term lease exp
- High Visibility: The subject property fronts US-1, a major north–south highway running from Key West to Maine near the Canadian border
- Large Parcel: Situated on a ±1.06-acre lot, the property offers ample space for future development or expansion, making it a valuable long-term asset.
- Passive Lease Structure: The property features two NNN leases, ensuring minimal landlord responsibilities.
- Great Access: The site benefits from convenient left-in, right-in, and right-out access points.
- Strong Corporate Guarantee/Multi-State Operator: This lease features a strong corporate guarantee. Fluent is a multi-state operator
Executive Summary
Broker of Record
Kyle Matthews
License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Kyle Matthews
License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,504 SF
Building Class
C
Year Built
1979
Price
$4,345,427 CAD
Price Per SF
$299.60 CAD
Cap Rate
7.10%
NOI
$308,525 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.48
Lot Size
0.69 AC
Zoning
C-G, Cocoa
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- All Florida Grilling Outdoor Kitchens & Stone
- -
- 11,931 SF
- -
- -
- Fluent
- -
- 2,573 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| All Florida Grilling Outdoor Kitchens & Stone | - | 11,931 SF | - | - | ||
| Fluent | - | 2,573 SF | - | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 24-36-28-00-00006.0-0000.00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,247,075 CAD |
Property Taxes
Parcel Number
24-36-28-00-00006.0-0000.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,247,075 CAD
Contacts
-
Alexander Machado -
Jake Lurie -
Daniel Gonzalez -
Harrison Groom -
Matthews Real Estate Investment Services
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Value Add Industrial + Fluent Dispensary | 941 N Cocoa Blvd
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