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

    8075 N Atlantic Ave Cape Canaveral, FL 32920

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $14 SF/Yr

    5,000 SF commercial space on Atlantic Avenue available for rent.

    Building Details

    Year built
    1964

    We can help!

    Listing Contact
    Zach Ullian, Sior
    Source: Ullianrealty

    Listing Agent: Zach Ullian, Sior

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

    Learn more

    Overview

    Canaveral Commercial Space For Rent

    This commercial space, designated as Unit 8075, offers approximately 5,000 square feet. The space previously functioned as a gym and bar, featuring an open floor plan, a kitchen, and two restrooms. The property is strategically located on Atlantic Avenue, a direct route to Port Canaveral, known for its cruise ships, and Jetty Park, a popular spot for rocket launch viewings and beach access. Situated roughly midway between SR 520 and SR 528, the location provides convenient access to both I-95 and US1. Prominent nearby employers include Cape Canaveral Hospital, Patrick Space Force Base, and Kennedy Space Center. This space is suitable for a variety of business ventures.
    Location Intelligence

    Current Use by Public Records

    Fitness centers & gyms

    Suggested Use

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

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

    Similar Places Nearby

    Michael Johnson, City of Cape Canaveral Community Center

    Location Insight

    • Map
    • Local Demand
    City
    Cape Canaveral
    County
    Brevard
    State
    Florida
    Longitude
    -80.6059252
    Latitude
    28.3895947

    Nearby Similar for Lease

    • $1,650 /Mo
      884 SF

      Cape Canaveral Professional Office Space

      Professional office space in central Cape Canaveral with high visibility.
      102 Columbia Dr, Cape Canaveral, FL 32920
      View Details
    • New
      $2,800 /Mo
      2,400 SF

      Cape Canaveral Retail Space Available

      High-visibility commercial space in Cape Canaveral, near Port.
      8590 N Atlantic Ave, Cape Canaveral, FL 32920
      View Details
    • $795 /Mo

      Office Space on Astronaut Boulevard

      Office space for rent near major employers and thoroughfares.
      102 Columbia Dr, Cape Canaveral, FL 32920
      View Details
    • $15 SF/Yr
      4,604 SF

      Retail/Office Space on Atlantic Avenue

      Flexible retail or office spaces available for lease.
      8075-8085 N Atlantic Ave, Cape Canaveral, FL 32920
      View Details
    • Contact for pricing
      650 SF

      Second Floor Office Space Available

      620 SF second-floor office space for rent, utilities included.
      405 Atlantis Rd, Cape Canaveral, FL 32920
      View Details
    • Contact for pricing
      1,311 SF

      Retail Space on Atlantic Avenue

      Retail space for lease in established Cape Canaveral strip center.
      6103 N Atlantic Ave, Cape Canaveral, FL 32920
      View Details
    • Contact for pricing
      9,621 SF

      Healthcare Facility Sub-Lease Opportunity

      Aesthetically pleasing healthcare facility available for sub-lease.
      George King Blvd, Cape Canaveral, FL
      View Details
    • Contact for pricing
      11,920 SF

      Cape Canaveral Industrial Building

      11,920 SF industrial building in Cape Canaveral, Florida.
      280 W Central Blvd, Cape Canaveral, FL 32920
      View Details
    • $6,715 /Mo

      Cape Canaveral Retail Unit

      4,604 SF retail unit in the heart of Cape Canaveral.
      8085 N Atlantic Ave, Cape Canaveral, FL 32920
      View Details
    • $7,292 /Mo

      Cape Canaveral Retail Opportunity

      5,000 SF retail space in prime Cape Canaveral location.
      8075 N Atlantic Ave, Cape Canaveral, FL 32920
      View Details
    • $16 SF/Yr
      22,200 SF

      Cape Canaveral Office Suites

      Prime Office Space, Multiple Sizes Available
      7001 Atlantic Ave, Cape Canaveral, FL 32920
      View Details
    • $16 SF/Yr
      20,646 SF

      Riverview Center Executive Offices

      Cape Canaveral Office Suites Available
      7011 Atlantic Ave, Cape Canaveral, FL 32920
      View Details

    FAQs

    What type of property is this?
    Fitness center & gym - 5,000 SF commercial space on Atlantic Avenue available for rent.
    Where is this fitness center & gym located?
    The property is located at 8075 N Atlantic Ave Cape Canaveral, FL.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - 5,000 SF Unit with Open Floorplan, Kitchen, and 2 Restrooms; - Strategically Located on Atlantic Avenue, a Direct Connector to Port Canaveral and Jetty Park; - Proximity to SR 520 & SR 528, Providing Access to I-95 & US1
    (321) 750-3439
    Request Owner's contact information
    8075 N Atlantic Ave Cape Canaveral, FL 32920
    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.
    8075 N Atlantic Ave
    Cape Canaveral, FL 32920
    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
    8075 N Atlantic Ave Cape Canaveral, FL 32920
    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

    We can help!
    Listing Contact
    Zach Ullian, Sior
    (321) 750-3439
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!