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Mixed-Use Retail and Office Center

1122 Lake Drive, Cocoa, FL 32922

For Sale
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Two-building shopping center with eight retail and office units, on-site parking, and visibility along a major thoroughfare.

Property Size5,384 SF
Price / SF$125.37
Days on Market151

Property Features for 1122 Lake Drive

General Information

Standard status Active
Size 5,384 SF
Class C
Property subtype Mixed Use, Retail, Office
Zoning CW
Occupancy 100%
Investment Type Value Add
Net Operating Income $54,100

Building Details

Year Built 1960
Year Renovated 1990
Buildings 2
Units 8
Tenancy Multi
Listing Agency: Wisdom Capital Group
Listed By: Robert Wisdom · License #BK3485707
Source: Crexi
Added: Jun 12 Changed: Oct 31 Last Checked: Nov 8 at 7:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wisdom Capital Group

Rey
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Investment Insights

Based on property information with market context.

1122 Lake Drive is a mixed-use neighborhood shopping center that combines retail and professional office space in two buildings. The center includes eight units, labeled A through H, creating a mix of tenant types within a compact, manageable configuration.

The property is positioned along a major thoroughfare in Cocoa, Florida, with access designed for both customers and employees. On-site parking supports day-to-day visits, and the frontage provides visibility for the retail and office tenants operating from the center.

For buyers seeking a multi-unit commercial asset, this offering provides diversified income streams through the retail-and-office mix and an eight-unit layout. The property also lends itself to owners who want to manage a neighborhood-style center rather than a single-tenant building, with the flexibility of operating retail and office tenants under one roofline footprint. Please note that this is presented as an investment opportunity for purchase and is described as well-located for ongoing tenant activity, visibility, and convenient access.

Key Highlights

  • Two‑building shopping center at 1122 Lake Drive with eight total units (A‑H)
  • Mixed‑use setup with retail and professional office tenants providing multiple income streams
  • Year built: 1960

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

CWA Local 3101 Association Or Organization Space Coast Model ... Museum Clontz Construction Construction Company Space Coast AFL-CIO ... Advocacy Group Communications Workers-America Advocacy Group

Suggested Use

Top Pick Dental Office Real Estate Agency Pharmacy Law Firm Skin Care Clinic Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

624
Businesses Nearby
Balanced
Demand for This Use

Demographics for 32922, FL

15,923
Population
8,667
Households
1.8
Avg Household Size
40
Median Age
19%
College-Educated
89%
High-School Grad
5.4 sq mi
ZIP Area
2,949
Density / Sq Mi
$46,138
Median Household Income
$35,125
Median Earnings
$1,057
Median Rent
$176,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Shopping centers in Brevard County, FL

$156 Jul
$126 Aug
$112 Sep
$124 Oct

Properties on Market for Shopping centers in Brevard County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Similar Off Market Nearby

  • Coin Cloud Bitcoin ATM — 1450 W King St, Cocoa, FL 32922
  • Cocoa Town Plaza — 463 Forrest Ave, Cocoa, FL 32922

Frequently Asked Questions

What type of property is this?
Shopping center - Two-building shopping center with eight retail and office units, on-site parking, and visibility along a major thoroughfare.
Where is this shopping center located?
The property is located at 1122 Lake Drive Cocoa, FL.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Two‑building shopping center at 1122 Lake Drive with eight total units (A‑H); Mixed‑use setup with retail and professional office tenants providing multiple income streams; Year built: 1960
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