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Chevron Gas Station with Convenience Store
For Sale
Contact for pricing
Pending

1990 Michigan Ave, Cocoa, FL 32922

Freestanding fuel and convenience retail property with an attached taquería and absolute NNN lease structure.

Property Size3,680 SF
Lot Size0.85 Acres
Days on Market142

Property Features for 1990 Michigan Ave

General Information

Standard status Pending
Size 3,680 SF
Lot size 0.85 Acres
Property subtype Retail
Occupancy 100%

Site & Location

Traffic Count 21,000 vehicles/day
Road Access Yes

Additional Details

Fuel Pumps 6

Building Details

Buildings 1
Tenancy Single
Abandoned No
Listing Agency: Ally Commercial Real Estate
Listed By: Ryan Jaama · License #FL: BK3436240
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 1:34PM

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 Ally Commercial Real Estate

Investment Insights

Based on property information with market context.

This freestanding gas station combines Chevron fuel operations with an SQRL convenience store and attached taquería on a 0.85-acre corner parcel. The site includes a single-row canopy, 3 fueling stations, 6 pumps, and parking. Retail space is described as 3,6800 square feet in the source information.

The property occupies the intersection of Michigan Ave. and Clearlake Road in Cocoa, Florida. Clearlake Road carries over 21,000 vehicles daily, while Michigan Ave. carries 11,000. The site is surrounded by apartment complexes, Eastern Florida State University, and other local businesses.

The property is subject to an absolute NNN lease with a 20-year term, 2% annual rent increases, and rent commencement in June 2023. The lease is backed by SQRL Corporate, with the operating entity described as a 160-unit organization.

Key Highlights

  • Chevron fuel station with SQRL convenience store and attached taquería
  • 0.85‑acre corner parcel at Michigan Ave. and Clearlake Road
  • Single‑row canopy with 3 fueling stations and 6 pumps

Property Analytics

Current Use

La Estancia Restaurant Restaurant Chevron Gas Station LibertyX Bitcoin ATM Atm Taquería Restaurant Restaurant

Suggested Use

Top Pick Parking Lot & Garage Cafe & Coffee Shop Storage Facility (Bike/Boat/Book/etc) Store Gym & Fitness Center Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

21,000 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

413
Businesses Nearby
169k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 51% Shops & Services 21% Dining 13% Groceries 7%
Walmart Superstores
87,174 visits/mo 0.4 miles
Murphy USA Shops & Services
14,150 visits/mo 0.2 miles
Dollar Tree Shops & Services
13,837 visits/mo 0.4 miles
Taco Bell Dining
12,418 visits/mo 0.4 miles
Aldi Groceries
12,162 visits/mo 0.3 miles

Demographics for 32922, FL

15,923
Population
8,667
Households
1.8
Avg Household Size
40
Median Age
19%
College-Educated
89%
High-School Grad
5.4 sq mi
ZIP Area
2,949
Density / Sq Mi
$46,138
Median Household Income
$35,125
Median Earnings
$1,057
Median Rent
$176,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Gas station - Freestanding fuel and convenience retail property with an attached taquería and absolute NNN lease structure.
Where is this gas station located?
The property is located at 1990 Michigan Ave Cocoa, FL.
What are key features of this property?
This property features: Chevron fuel station with SQRL convenience store and attached taquería; 0.85‑acre corner parcel at Michigan Ave. and Clearlake Road; Single‑row canopy with 3 fueling stations and 6 pumps
More about this property
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