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Pediatric NNN Property
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3750 Curtis Boulevard, Cocoa, FL 32927

The property is associated with pediatric office use and includes a corporate guarantee and an 8% cap rate.

Property Size5,000 SF
Price / SF$300.50
Days on Market58

Property Features for 3750 Curtis Boulevard

General Information

Standard status Active
Size 5,000 SF
Property subtype Retail, Office
Lease Type NNN
Net Operating Income $120,000

Additional Details

Cap Rate 8%

Building Details

Year Built 2006
Buildings 2
Listing Agency: Matthews
Listed By: Dominick Deignan · License #SL3639693
Source: Crexi
Added: Aug 10 Changed: Sep 23 Last Checked: Oct 5 at 5:23PM

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 Matthews

Investment Insights

Based on property information with market context.

This NNN property contains 5,000 square feet and was constructed in 2006. The asset is associated with pediatric office operations and is presented as part of a two-property net-lease portfolio.

Located at 3750 Curtis Boulevard in Cocoa, Florida, the property carries an 8% cap rate and a corporate guarantee. The offering is structured around NNN lease characteristics and is identified within the Space Coast Florida market.

Key Highlights

  • 5,000‑square‑foot property constructed in 2006
  • Associated with pediatric office operations
  • Presented as a two‑property net‑lease portfolio

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$68,040
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,360,800 $1.4M
Cap Rate 7%
$972,000 $972.0K
Cap Rate 9%
$756,000 $756.0K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$108.0K $21.60/SF
− Vacancy
−$17.3K −$3.46/SF
EGI
$90.7K $18.14/SF
− OpEx
−$22.7K −$4.54/SF
NOI
$68.0K $13.61/SF
Area
Brevard County, FL
Vacancy
16.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,360,800
Cap Rate 7%
$972,000
Cap Rate 9%
$756,000

Alternative Uses

Best Use
Office B
$972.0K
$850.5K – $1.13M (±1% cap)
NOI $68,040 @ 7.0% cap · market cap 4.53%
Second Best
Healthcare Medical
$899.0K
$786.6K – $1.05M (±1% cap)
NOI $62,928 @ 7.0% cap · market cap 4.19%
Theoretical Best
Office A
$1.32M
$1.15M – $1.54M (±1% cap)
NOI $92,340 @ 7.0% cap · market cap 6.15%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Raman Ravi G ... Pediatrician North Brevard Children's ... Physician Dr. Douglas Barimo Physician Dr. Ayesha I. ... Pediatrician Dr. Charlene Vargas Pediatrician

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Big Box & Wholesale Store Gym & Fitness Center Restaurant

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

Location Intelligence

Trade Area within ½ mile

451
Businesses Nearby

Demographics for 32927, FL

27,996
Population
11,843
Households
2.4
Avg Household Size
43
Median Age
22%
College-Educated
91%
High-School Grad
25.6 sq mi
ZIP Area
1,094
Density / Sq Mi
$81,969
Median Household Income
$40,703
Median Earnings
$1,344
Median Rent
$261,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - The property is associated with pediatric office use and includes a corporate guarantee and an 8% cap rate.
Where is this nnn property located?
The property is located at 3750 Curtis Boulevard Cocoa, FL.
What is the asking price?
The asking price for this property is $1,502,500.
What are key features of this property?
This property features: 5,000‑square‑foot property constructed in 2006; Associated with pediatric office operations; Presented as a two‑property net‑lease portfolio
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