Open-Plan Retail
For Sale
Contact for pricing
142 N Orlando Avenue 600, Cocoa Beach, FL 32931
White-shell commercial space combines flexible interiors with dedicated workspace and separate restroom areas.
Property Size9,720 SF
Price / SF$0.36
Days on Market95
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Property Features for 142 N Orlando Avenue 600
General Information
Standard status
Active
Size
9,720 SF
Additional Details
Road Access
Yes
Listing Agency:
Drop Anchor Realty LLC
Listed By:
Rhiannon Dias
(321) 406-0446
Source:
Startbrevardsearch
Added: Jul 13
Changed: Oct 1
Last Checked: Oct 14 at 11:05PM
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 Drop Anchor Realty LLC
Investment Insights
Based on property information with market context.
This retail space at 142 N Orlando Avenue is configured as a combined offering of Suites 500 and 600, creating 9,720 square feet of mostly open interior space. The white-shell condition includes a semi-private office or workspace area and two separately located restroom zones. The Suite 500 side has 2 urinals and 1 private toilet, while the Suite 600 side provides 3 private toilets.
The property is located within Las Galerias Plaza along A1A, with a large illuminated monument sign positioned directly on the corridor. Ample parking serves the plaza, and the setting is surrounded by established businesses, residential neighborhoods, and condominiums. Mainstreet Cocoa Beach, the causeways, and beaches are nearby.
The property is located within Las Galerias Plaza along A1A, with a large illuminated monument sign positioned directly on the corridor. Ample parking serves the plaza, and the setting is surrounded by established businesses, residential neighborhoods, and condominiums. Mainstreet Cocoa Beach, the causeways, and beaches are nearby.
Key Highlights
- 9,720‑square‑foot combined interior in Suites 500 and 600
- White‑shell condition with mostly open layout and semi‑private office/workspace
- Two restroom areas: 2 urinals and 1 private toilet on Suite 500 side; 3 private toilets on Suite 600 side
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$112,062
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,241,240
$2.2M
Cap Rate 7%
$1,600,886
$1.6M
Cap Rate 9%
$1,245,133
$1.2M
Market Conditions
NOI Build-Up for 9,720 SF
Gross rent
$175.0K $18.00/SF
− Vacancy
−$14.9K −$1.53/SF
EGI
$160.1K $16.47/SF
− OpEx
−$48.0K −$4.94/SF
NOI
$112.1K $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%
$2,241,240
Cap Rate 7%
$1,600,886
Cap Rate 9%
$1,245,133
Alternative Uses
Best Use
Office B
$1.89M
$1.65M – $2.20M
NOI $132,270 @ 7.0% cap · market cap 3,779.14%
Second Best
Retail
$1.60M
$1.40M – $1.87M
NOI $112,062 @ 7.0% cap · market cap 3,201.77%
Theoretical Best
Office A
$2.56M
$2.24M – $2.99M
NOI $179,509 @ 7.0% cap · market cap 5,128.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
885
Businesses Nearby
Explore this area
Business Placement
Demographics for 32931, FL
13,643
Population
10,763
Households
1.3
Avg Household Size
60
Median Age
52%
College-Educated
97%
High-School Grad
5.2 sq mi
ZIP Area
2,624
Density / Sq Mi
$84,769
Median Household Income
$51,769
Median Earnings
$1,533
Median Rent
$478,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Retail space - White-shell commercial space combines flexible interiors with dedicated workspace and separate restroom areas.
Where is this retail space located?
The property is located at 142 N Orlando Avenue 600 Cocoa Beach, FL.
What are key features of this property?
This property features: 9,720‑square‑foot combined interior in Suites 500 and 600; White‑shell condition with mostly open layout and semi‑private office/workspace; Two restroom areas: 2 urinals and 1 private toilet on Suite 500 side; 3 private toilets on Suite 600 side
