Fully Equipped
6615 N Atlantic Avenue C, Cape Canaveral, FL 32920
For Sale
Contact for pricing
Restaurant property with a commercial kitchen and dedicated dining and bar areas.
Property Size11,076 SF
Price / SF$0.42
Days on Market49
Property Features for 6615 N Atlantic Avenue C
General Information
Standard status
Size
Amenities
fully-equipped commercial kitchen
spacious dining and bar areas
Listing Agency:
Tezel Investments, Inc.
(321) 536-6516
Listed By:
Megan Tezel
(321) 506-3776
Source:
Startbrevardsearch
Added: Sep 22
Changed: Nov 1
Last Checked: Nov 8 at 5:31AM
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 Tezel Investments, Inc.
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Investment Insights
Based on property information with market context.
This restaurant property includes 11,076 square feet with a commercial kitchen, dining area, and bar space. The existing layout combines food-service infrastructure with customer-facing areas for restaurant operations.
Key Highlights
- 11,076‑square‑foot restaurant property
- Fully equipped commercial kitchen
- Dedicated dining and bar areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,685
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,353,700
$1.4M
Cap Rate 7%
$966,929
$966.9K
Cap Rate 9%
$752,056
$752.1K
Market Conditions
NOI Build-Up for 11,076 SF
Gross rent
$99.7K $9.00/SF
− Vacancy
−$3.0K −$0.27/SF
EGI
$96.7K $8.73/SF
− OpEx
−$29.0K −$2.62/SF
NOI
$67.7K $6.11/SF
Area
Brevard County, FL
Vacancy
3.00%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,353,700
Cap Rate 7%
$966,929
Cap Rate 9%
$752,056
Alternative Uses
Best Use
Specialty Retail
$2.11M
$1.84M – $2.46M
NOI $147,532 @ 7.0% cap · market cap 3,145.00%
Second Best
Industrial
$966.9K
$846.1K – $1.13M
NOI $67,685 @ 7.0% cap · market cap 1,442.87%
Theoretical Best
Office A
$2.92M
$2.56M – $3.41M
NOI $204,552 @ 7.0% cap · market cap 4,360.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
590
Businesses Nearby
48k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 68%
Dining 20%
Groceries 13%
Dollar General
Shops & Services
14,427 visits/mo
0.1 miles
7-Eleven
Shops & Services
11,944 visits/mo
0.1 miles
Dunkin' Donuts
Dining
9,491 visits/mo
0.5 miles
ABC Fine Wine & Spirits
Groceries
6,128 visits/mo
0.4 miles
BP
Shops & Services
5,566 visits/mo
0.4 miles
Demographics for 32920, FL
9,984
Population
8,872
Households
1.1
Avg Household Size
58
Median Age
39%
College-Educated
96%
High-School Grad
24.8 sq mi
ZIP Area
403
Density / Sq Mi
$70,734
Median Household Income
$41,264
Median Earnings
$1,161
Median Rent
$323,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Conventional restaurants in Brevard County, FL
Properties on Market for Conventional restaurants in Brevard County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant property with a commercial kitchen and dedicated dining and bar areas.
Where is this conventional restaurant located?
The property is located at 6615 N Atlantic Avenue C Cape Canaveral, FL.
What are key features of this property?
This property features: 11,076‑square‑foot restaurant property; Fully equipped commercial kitchen; Dedicated dining and bar areas
