Office and Retail Investment
1225-1225 Garden St Titusville, FL 32796
1225-1225 Garden St, Titusville, FL, 32796
$2,800,000
For Sale
$2,800,000
Three-building office and retail campus includes a two-story office building with elevator access and two retail buildings.
Property Size20,000 SF
Lot Size1.14 Acres
Price / SF$140
Days on Market55
Property Features for 1225-1225 Garden St
General Information
- Standard status
- Active
- Size
- 20,000 SF
- Lot size
- 1.14 Acres
Listing agency
Charles A. Von Stein, Inc
(772) 778-4885
Listed by
Kirk Von Stein
(772) 778-4885
Source
Exprealty
Added: May 29 Updated: Jul 21 at 7:52PM Checked: Jul 22 at 9:13AM
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 Charles A. Von Stein, Inc
Investment Insights
Based on property information with market context.
Garden Street Office Centre is a 20,000-square-foot office and retail investment consisting of three buildings on approximately 1.14 acres. The property includes a 10,000-square-foot, two-story office building with elevator access, plus two 5,000-square-foot retail buildings. Construction is concrete block and stucco, with renovated suites and updated exterior paint. Monument and facade signage are included, and the landscaping is professionally maintained.
The center is located about one mile west of US-1 near Publix, with restaurants and retail services nearby, as well as major Titusville employers.
The property is offered for sale.
The center is located about one mile west of US-1 near Publix, with restaurants and retail services nearby, as well as major Titusville employers.
The property is offered for sale.
Key Highlights
- 20,000 SF three‑building office and retail investment on approx. 1.14 acres
- 10,000 SF two‑story office building with elevator access
- Two 5,000 SF retail buildings in a three‑building campus
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $360.0k | $18.00 |
| − Vacancy | −$30.6k | −$1.53 |
| EGI | $329.4k | $16.47 |
| − OpEx | −$98.8k | −$4.94 |
| NOI | $230.6k | $11.53 |
20,000 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$3.89M
$3.40M – $4.54M
NOI $272,160 @ 7.0% cap · market cap 9.72%
Second Best
Retail
$3.29M
$2.88M – $3.84M
NOI $230,580 @ 7.0% cap · market cap 8.24%
Theoretical Best
Office A
$5.28M
$4.62M – $6.16M
NOI $369,360 @ 7.0% cap · market cap 13.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Office building - Three-building office and retail campus includes a two-story office building with elevator access and two retail buildings.
Where is this office building located?
The property is located at 1225-1225 Garden St Titusville, FL.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 20,000 SF three‑building office and retail investment on approx. 1.14 acres; 10,000 SF two‑story office building with elevator access; Two 5,000 SF retail buildings in a three‑building campus
