Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6103 N Atlantic Ave Cape Canaveral, FL

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space for lease in established Cape Canaveral strip center.

    Type:RETAIL
    Property size:
    1,311 SF
    Lot size:
    0.87 Acres
    Added:
    Jun 10, 2022
    Days on Market:
    1422
    Last Refresh:
    Apr 5 at 11:34 pm

    Property Features for 6103 N Atlantic Ave

    General Information

    Standard status
    Active
    Size
    1,311 SF
    Lot size
    0.87 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 6103 N Atlantic Ave Contact us

    We can help!

    Listing Contact
    Terry Kittleson

    Listing agent Terry Kittleson

    Listing office

    Listing date Jun 10, 2022

    Source Moodyscre

    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 Terry Kittleson

    Overview

    Retail Space on Atlantic Avenue

    This retail space is located in an established strip center with prime frontage on Atlantic Avenue (Hwy A1A). The available space is 1,311 square feet. The floor plans are well-suited for a multitude of uses. Storage units are located on the property and can be leased for storing merchandise. The location benefits from traffic counts of 35,527 cars per day. Façade and monument signage are available. Suite E&F is available for lease at $18 per square foot per year, plus NNN charges of $2.61 per square foot per year.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Cape Canaveral
    County
    Brevard
    State
    Florida
    Longitude
    -80.606
    Latitude
    28.3732

    Nearby Similar for Lease

    • Contact for pricing

      Office Space on Astronaut Boulevard

      Office space for rent near major employers and thoroughfares.
      102 Columbia Drive, Unit 202, Cape Canaveral, FL 32920
      View Details
    • Contact for pricing

      Canaveral Commercial Space For Rent

      5,000 SF commercial space on Atlantic Avenue available for rent.
      8075 & 8085 N. Atlantic Avenue, Cape Canaveral, FL 32920
      View Details
    • Contact for pricing

      Mixed-Use Development Retail and Commercial Units

      Retail and commercial units in mixed-use development, delivery proposed 2027.
      8801 Astronaut Blvd, Cape Canaveral, FL 32920
      View Details
    • $15 SF/Yr

      Retail/Office Space on Atlantic Avenue

      Flexible retail or office spaces available for lease.
      8075-8085 N Atlantic Ave, Cape Canaveral, FL
      View Details
    • $18 SF/Yr

      Second Floor Office Space Available

      620 SF second-floor office space for rent, utilities included.
      405 Atlantis Rd, Cape Canaveral, FL
      View Details
    • Contact for pricing

      Commercial Space in Cape Canaveral

      Commercial space available for rent in Cape Canaveral, Florida.
      166 Center Street 108, Cape Canaveral, FL 32920
      View Details
    • $2,000/Mo

      Renovated Retail Space Near Port

      Renovated retail space with high visibility near Port Canaveral.
      6200 N Atlantic Ave, Cape Canaveral, FL
      View Details
    • $38 SF/Yr

      Healthcare Facility Sub-Lease Opportunity

      Aesthetically pleasing healthcare facility available for sub-lease.
      George King Blvd, Cape Canaveral, FL
      View Details
    • Contact for pricing

      Healthcare Facility Sub Lease Opportunity

      Aesthetically pleasing +/- 9621 SF healthcare facility for sub-lease.
      390 Challenger Rd, Cape Canaveral, FL 32920
      View Details
    • Contact for pricing

      Cape Canaveral Office Space Available

      Unfurnished office space in Cape Canaveral, move-in ready.
      102 Columbia Dr #205, Cape Canaveral, FL 32920
      View Details
    • Contact for pricing

      Commercial Office Building For Rent

      Two-story office building on Hwy A1A, near Port Canaveral.
      7011 N Atlantic Ave, Cape Canaveral, FL 32920
      View Details

    FAQs

    What type of property is this?
    Strip mall - Retail space for lease in established Cape Canaveral strip center.
    Where is this strip mall located?
    The property is located at 6103 N Atlantic Ave Cape Canaveral, FL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: Prime retail frontage on Atlantic Avenue (Hwy A1A); High traffic counts: **35,527 cars per day**; Established strip center location
    (248) 351-2061 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Terry Kittleson
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!