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Excellent opportunity to purchase a recently renovated single tenant NNN investment property in booming Brevard County! Introducing 3700 N. Highway 1 which is a 10,570 SF retail showroom/warehouse that is leased to Juniper Mountain Coffee. Initial lease term is March 7, 2024 - March 6, 2029. Rent is $11,700/month NNN + OPEX. Est. 2026 NOI is $140,400 which is a 7.0% CAP. Long term commitment to the building with Two 5-year renewal options. There are 10% base rent escalators in years 6 & 11 of the lease (should the Tenant renew). Building underwent a full renovation in 2024.... 100% HVAC, LED Lighting, Polished concrete flooring. Clear height ranges 12' 6'' - 16' +/-. There is one 10' wide x 12' tall +/- grade level door. Utilities include City Water, Septic, Piped Underground Natural Gas, and 3-Phase FPL Electric. There are 25 asphalt paved/striped/illuminated parking spaces. Traffic count is est. 32,500 VPD on US1.
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3700 N Highway 1, Cocoa, FL, 32926 is a Property for Rent at $1,995,000 with 10,570 sqft and a lot size of 0.84. 3700 N Highway 1 has 4.0 baths and was built in 1983. The property's zip code is 32926 which is in Cocoa, FL
1-800-401-0486
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