3700 N Cocoa Blvd Cocoa, FL
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NNN leased warehouse with long-term tenant and income potential.
Type:INDUSTRIAL
Property size:
10,570 SFLot size:
0.77 AcresPrice / SF:
$195/SF- Added:
- Mar 24, 2025
- Days on Market:
- 397
- Last Refresh:
- Apr 5 at 9:52 pm
Property Features for 3700 N Cocoa Blvd
General Information
- Standard status
- Active
- Size
- 10,570 SF
- Lot size
- 0.77 Acres
- Property subtype
- INDUSTRIAL
Listing agent Michael S. Ullian License #3445627
Listing office The Ullian Realty Corporation (321) 729-9900
Listing date Mar 24, 2025
Source Moodyscre
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 The Ullian Realty Corporation
Overview
Cocoa Warehouse Investment Opportunity
This property presents an investment opportunity with a tenant already in place. The initial lease term extends from March 7, 2024, to March 6, 2029, with two 5-year renewal options available. The monthly rent is $11,700 NNN, plus operating expenses. The estimated 2025 Net Operating Income (NOI) is $140,400, representing a 6.8% capitalization rate. The lease includes a 10% base rent escalator in years 6 and 11. The tenant is responsible for taxes, insurance, and maintenance under the NNN lease agreement and has provided a signed personal guarantee. The building features full HVAC, LED lighting, and polished concrete flooring. Clear height ranges from 12 feet 6 inches to 16 feet. It includes one 10-foot wide by 12-foot tall grade-level door. The property has city water, septic, piped underground natural gas, and 3-phase FPL electric utilities. There are 25 asphalt-paved, striped, and lighted parking spaces available. The traffic count is estimated at 32,500 vehicles per day on US1.
Location Intelligence
Current Use by Public Records
Warehouses
Location Insight
- Map
- Local Demand
- City
- Cocoa
- County
- Brevard
- State
- Florida
- Longitude
- -80.7493
- Latitude
- 28.3956
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FAQs
What type of property is this?
Warehouse - NNN leased warehouse with long-term tenant and income potential.
Where is this warehouse located?
The property is located at 3700 N Cocoa Blvd Cocoa, FL.
What is the asking price?
The asking price for this property is $2,065,000.
What are key features of this property?
This property features: High Traffic Location: Est. 32,500 VPD on US1; Strong Income Potential: Est. 2025 NOI $140,400 (6.8% CAP); Long‑Term Lease: Initial Term through March 6, 2029, with Two 5‑Year Renewal Options
