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    3700 N Cocoa Blvd Cocoa, FL 32922

    For Sale
    $2,065,000

    NNN leased warehouse with long-term tenant and income potential.

    Property size:
    10,570 SF
    Lot size:
    0.77 Acres

    Property Features for 3700 N Cocoa Blvd

    General Information

    Size
    10,570 SF
    Lot size
    0.77 Acres

    Source: The Ullian Realty Corporation Agent Michael S. Ullian

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cocoa Warehouse Investment Opportunity

    This property presents an investment opportunity with a tenant already in place. The initial lease term extends from March 7, 2024, to March 6, 2029, with two 5-year renewal options available. The monthly rent is $11,700 NNN, plus operating expenses. The estimated 2025 Net Operating Income (NOI) is $140,400, representing a 6.8% capitalization rate. The lease includes a 10% base rent escalator in years 6 and 11. The tenant is responsible for taxes, insurance, and maintenance under the NNN lease agreement and has provided a signed personal guarantee. The building features full HVAC, LED lighting, and polished concrete flooring. Clear height ranges from 12 feet 6 inches to 16 feet. It includes one 10-foot wide by 12-foot tall grade-level door. The property has city water, septic, piped underground natural gas, and 3-phase FPL electric utilities. There are 25 asphalt-paved, striped, and lighted parking spaces available. The traffic count is estimated at 32,500 vehicles per day on US1.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cocoa
    County
    Brevard
    State
    Florida
    Longitude
    -80.7492564
    Latitude
    28.3956499

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    FAQs

    What type of property is this?
    Warehouse - NNN leased warehouse with long-term tenant and income potential.
    Where is this warehouse located?
    The property is located at 3700 N Cocoa Blvd Cocoa, FL.
    What is the asking price?
    The asking price for this property is $2,065,000.
    What are key features of this property?
    This property features: - High Traffic Location: Est. 32,500 VPD on US1; - Strong Income Potential: Est. 2025 NOI $140,400 (6.8% CAP); - Long-Term Lease: Initial Term through March 6, 2029, with Two 5-Year Renewal Options
    (321) 729-9900
    Request Owner's contact information
    3700 N Cocoa Blvd Cocoa, FL 32922
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    Cocoa, FL 32922
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3700 N Cocoa Blvd Cocoa, FL 32922
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