Shopping Center Lash Studio
For Sale
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1240 Rockledge Boulevard #7, Rockledge, FL 32955
Suite #7 presents a lash studio opportunity within a multi-tenant retail complex.
Property Size1,255 SF
Price / SF$1.49
Days on Market84
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Property Features for 1240 Rockledge Boulevard #7
General Information
Standard status
Active
Size
1,255 SF
Listing Agency:
JM Real Estate
(321) 242-2882
Listed By:
Michael A Corbitt
(404) 376-3374
Source:
Startbrevardsearch
Added: Jul 24
Changed: Oct 10
Last Checked: Oct 14 at 10:26PM
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 JM Real Estate
Investment Insights
Based on property information with market context.
Suite #7 is part of a multi-tenant retail complex at 1240 Rockledge Boulevard in Rockledge, Florida. The suite is identified for lash studio use and offers 1,255 square feet within the retail property.
The property is located at the #7 address on Rockledge Boulevard, with the suite designation providing a specific location within the center.
The property is located at the #7 address on Rockledge Boulevard, with the suite designation providing a specific location within the center.
Key Highlights
- 1,255 square feet in Suite #7
- Lash studio opportunity
- Located within a multi‑tenant retail complex
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,469
Suggested Prices Based on Cap Rates
Cap Rate 5%
$289,380
$289.4K
Cap Rate 7%
$206,700
$206.7K
Cap Rate 9%
$160,767
$160.8K
Market Conditions
NOI Build-Up for 1,255 SF
Gross rent
$22.6K $18.00/SF
− Vacancy
−$1.9K −$1.53/SF
EGI
$20.7K $16.47/SF
− OpEx
−$6.2K −$4.94/SF
NOI
$14.5K $11.53/SF
Area
Brevard County, FL
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$289,380
Cap Rate 7%
$206,700
Cap Rate 9%
$160,767
Alternative Uses
Best Use
Retail
$206.7K
$180.9K – $241.2K
NOI $14,469 @ 7.0% cap · market cap 773.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$331.1K
$289.7K – $386.3K
NOI $23,177 @ 7.0% cap · market cap 1,238.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Explore this area
Business Placement
Demographics for 32955, FL
40,275
Population
19,281
Households
2.1
Avg Household Size
46
Median Age
38%
College-Educated
94%
High-School Grad
50.9 sq mi
ZIP Area
791
Density / Sq Mi
$85,133
Median Household Income
$43,574
Median Earnings
$1,656
Median Rent
$327,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Shopping center - Suite #7 presents a lash studio opportunity within a multi-tenant retail complex.
Where is this shopping center located?
The property is located at 1240 Rockledge Boulevard #7 Rockledge, FL.
What are key features of this property?
This property features: 1,255 square feet in Suite #7; Lash studio opportunity; Located within a multi‑tenant retail complex
