Multi-Unit Office
6770 S Washington Avenue Titusville, Titusville, FL 32780
New
Six-unit office building with multiple AC units and a repaved 48-space parking lot.
Property size:
10,545 SFLot size:
1.50 AcresPrice / SF:
$199/SF- Added:
- Jul 7, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 7 at 7:35 am
Property Features for 6770 S Washington Avenue Titusville
General Information
- Standard status
- Active
- Size
- 10,545 SF
- Lot size
- 1.50 Acres
Building Details
- Year Built
- 1988
Listing office (407) 890-1354
Listing date Jul 7, 2026
Source Therealestatecollection
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 Morgan Horsley
HighLights
- 6‑unit office building totaling 10,545 SF on 1.58 acres, with each unit offering flexible office space (~1,800 SF each)
- Directly on US1 in Titusville; annual average daily traffic exceeds 20,000 (Space Coast TPO)
- 3 of 6 units currently leased through July 31, 2026, providing in‑place income while other units are available
- Roof professionally recoated in 2023
- 7 bathrooms and 7 AC units; 48‑space parking lot repaved in 2024
- Public water; building includes parking lot, and is less than 1 mile from Space Coast Regional Airport
Overview
This six-unit office building totals approximately 10,000 square feet and is set on 1.5 acres along US1. Each unit offers flexible office space of about 1,800 square feet. The property includes 7 bathrooms and 7 AC units, with a roof professionally recoated in 2023. A large parking lot was repaved in 2024 and provides 48 spaces.
The building is located at 6770 S Washington Avenue in Titusville, directly on US1 with strong visibility. Traffic is described as exceeding 20,000 annual average daily traffic (Space Coast TPO). It is also positioned less than one mile from Space Coast Regional Airport, with hotels and the NASA Causeway nearby.
From an ownership standpoint, the configuration supports a range of office strategies across multiple suites. Three of the six units are currently leased through July 31, 2026, while the remaining units present additional leasing opportunities for an owner or operator seeking to manage a multi-tenant office asset in a closely connected aerospace and commercial market.
The building is located at 6770 S Washington Avenue in Titusville, directly on US1 with strong visibility. Traffic is described as exceeding 20,000 annual average daily traffic (Space Coast TPO). It is also positioned less than one mile from Space Coast Regional Airport, with hotels and the NASA Causeway nearby.
From an ownership standpoint, the configuration supports a range of office strategies across multiple suites. Three of the six units are currently leased through July 31, 2026, while the remaining units present additional leasing opportunities for an owner or operator seeking to manage a multi-tenant office asset in a closely connected aerospace and commercial market.
Local Financial Insights For Office B
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 | $227.8k | $21.60 |
| − Vacancy | −$36.4k | −$3.46 |
| EGI | $191.3k | $18.14 |
| − OpEx | −$47.8k | −$4.54 |
| NOI | $143.5k | $13.61 |
10,545 SF · lease $21.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.05M
$1.79M – $2.39M
NOI $143,496 @ 7.0% cap · market cap 6.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.78M
$2.43M – $3.25M
NOI $194,745 @ 7.0% cap · market cap 9.27%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Geosyntec Consultants
Consultant
Durney Paul C ...
Physician
Life Center Church
Church
Location Insight
- Map
- Local Demand
- City
- Titusville
- County
- Brevard
- State
- Florida
- Longitude
- -80.7858565
- Latitude
- 28.5142514
Nearby Similar for Sale
FAQs
What type of property is this?
Office units - Six-unit office building with multiple AC units and a repaved 48-space parking lot.
Where is this office units located?
The property is located at 6770 S Washington Avenue Titusville Titusville, FL.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 6‑unit office building totaling 10,545 SF on 1.58 acres, with each unit offering flexible office space (~1,800 SF each); Directly on US1 in Titusville; annual average daily traffic exceeds 20,000 (Space Coast TPO); 3 of 6 units currently leased through July 31, 2026, providing in‑place income while other units are available
