Se Connecter/S’inscrire
Votre courriel a été envoyé.
Cypress Professional Plaza 1363 Cypress Ave 14 260 pi² 94% Loué Commerce de détail Immeuble Melbourne, FL 32935 2 783 000 $ CAD (195,16 $ CAD/pi²) 7,36% Taux de capitalisation
Certaines informations ont été traduites automatiquement.
FAITS SAILLANTS DE L'INVESTISSEMENT
- 92% MTM or short-term tenancy, below-market rents (~$13/SF) priced below replacement cost w/ an in-place cap rate north of 7% with upside to an 8.5%+
- Strategically located on the corner of Cypress Avenue, W Eau Gallie Blvd, and N Harbor City Blvd (US-1) which sees ±80,000 vehicles per day
- The Eau Gallie Arts District (EGAD) is experiencing significant growth, backed by $3.3M in improvements that enhance walkability and curb appeal.
- The ± 14,260 SF building is divided into 16 small bay retail and office units averaging 891 SF, ideal for local businesses and easy to lease/re-tenant
- The subject property is located just .3 miles from the Eau Gallie Arts District, 2.5 miles from Indian Harbor Beach.
RÉSUMÉ DE L'ANNONCE
Marcus & Millichap is pleased to present 1363, 1367, 1385 & 1395 Cypress Avenue in Melbourne, Florida. This ±14,260 square feet mixed use property is comprised of 16 small bay units averaging 891 square feet in size, offering flexible configurations ideal for local service and retail tenants.
Currently, roughly 92% of tenants are on short term leases averaging just $13 per square foot. This presents a value-add opportunity for an investor to reposition the tenancy and increase rental income to market levels.
The subject property is located just 1 minute from the Eau Gallie Arts District (EGAD). The EGAD, established in 2010, is an accredited Florida Main Streat program, which is a subsidiary of the National Trust for Historic Preservation. This program is designed to preserve and promote the area’s historic character while fostering arts-driven economic development.
Strategically positioned on Cypress Avenue, W Eau Gallie Blvd, and N Harbor City Blvd (US-1), the property is exposed to ±80,000 vehicles per day. These corridors serve as a vital connector between Indian Harbour Beach and the East Coast of Florida. Additionally, the subject property is located less than 3.5 miles from Melbourne Orlando International Airport.
Currently, roughly 92% of tenants are on short term leases averaging just $13 per square foot. This presents a value-add opportunity for an investor to reposition the tenancy and increase rental income to market levels.
The subject property is located just 1 minute from the Eau Gallie Arts District (EGAD). The EGAD, established in 2010, is an accredited Florida Main Streat program, which is a subsidiary of the National Trust for Historic Preservation. This program is designed to preserve and promote the area’s historic character while fostering arts-driven economic development.
Strategically positioned on Cypress Avenue, W Eau Gallie Blvd, and N Harbor City Blvd (US-1), the property is exposed to ±80,000 vehicles per day. These corridors serve as a vital connector between Indian Harbour Beach and the East Coast of Florida. Additionally, the subject property is located less than 3.5 miles from Melbourne Orlando International Airport.
BILAN FINANCIER (RÉEL - 2025) Cliquez ici pour accéder à |
ANNUEL (CAD) | ANNUEL PAR pi² (CAD) |
|---|---|---|
| Revenu de location brut |
-
|
-
|
| Autres revenus |
-
|
-
|
| Perte due à l’inoccupation |
-
|
-
|
| Revenu brut effectif |
-
|
-
|
| Revenu net d’exploitation |
$99,999
|
$9.99
|
BILAN FINANCIER (RÉEL - 2025) Cliquez ici pour accéder à
| Revenu de location brut (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
| Autres revenus (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
| Perte due à l’inoccupation (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
| Revenu brut effectif (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
| Revenu net d’exploitation (CAD) | |
|---|---|
| Annuel | $99,999 |
| Annuel par pi² | $9.99 |
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement
Type de propriété
Taille du bâtiment
14 260 pi²
Classe d’immeuble
C
Année de construction/rénovation
1960/2000
Prix
2 783 000 $ CAD
Prix par pi²
195,16 $ CAD
Taux de capitalisation
7,36%
Revenu net d’exploitation
204 908 $ CAD
Pourcentage loué
94%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,51
Taille du lot
0,64 AC
Zonage
C3 - Regional Commercial
COMMODITÉS
- Affichage
Walk Score®
Très pratique à pied (76)
Bike Score®
Très cyclable (70)
PRINCIPAUX DÉTAILLANTS À PROXIMITÉ
Impôts fonciers
| Numéro de lot | 27-37-16-25-00043.0-0002.00 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 448 112 $ CAD |
Impôts fonciers
Numéro de lot
27-37-16-25-00043.0-0002.00
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
448 112 $ CAD
1 de 10
VIDÉOS
VISITE EXTÉRIEURE 3D MATTERPORT
VISITE 3D MATTERPORT
PHOTOS
VUE DEPUIS LA RUE
RUE
CARTE
Présenté par
Cypress Professional Plaza | 1363 Cypress Ave
Vous êtes déjà membre? Connectez-vous
Hmm, il semble y avoir eu une erreur lors de l’envoi de votre message. Veuillez réessayer.
Merci! Votre message a été envoyé.