Multi-Tenant Retail and Office
840-846 North Cocoa Blvd Cocoa, FL 32922
840-846 North Cocoa Blvd, Cocoa, FL, 32922
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For Sale
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Two single-story buildings with storefront visibility and abundant on-site parking support flexible retail and office use.
Property Size19,610 SF
Price / SF$178.48
Days on Market54
Property Features for 840-846 North Cocoa Blvd
General Information
- Standard status
- Active
- Size
- 19,610 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1983
Listing agency
Charles A. Von Stein, Inc
Listed by
Kirk Von Stein · License #FL
Source
Crexi
Added: May 29 Updated: Jul 10 at 1:51PM Checked: Jul 21 at 8:56AM
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 Charles A. Von Stein, Inc
Investment Insights
Based on property information with market context.
North Point is a multi-tenant retail and office property featuring two single-story buildings comprising 10 units. Constructed in 1983–1984 with concrete block and stucco, the buildings present big storefront windows and open unit designs that can support a variety of retail or office layouts.
The property is located on U.S. Highway One in Cocoa, Florida, with access from both U.S. Highway One and Forrest Avenue. Parking is available in front of each unit, with additional parking between the two buildings, supporting convenient customer and employee circulation. The site is near the SR 520 causeway and is approximately 2.4 miles south of SR 528 (Beachline).
For buyers and operators, the configuration of multiple storefront and office-suitable units within a single campus can support leasing to a mix of retail and service-oriented tenants. Each unit’s front-facing parking and storefront glazing help make the space practical for businesses that benefit from direct, street-level presence.
The property is located on U.S. Highway One in Cocoa, Florida, with access from both U.S. Highway One and Forrest Avenue. Parking is available in front of each unit, with additional parking between the two buildings, supporting convenient customer and employee circulation. The site is near the SR 520 causeway and is approximately 2.4 miles south of SR 528 (Beachline).
For buyers and operators, the configuration of multiple storefront and office-suitable units within a single campus can support leasing to a mix of retail and service-oriented tenants. Each unit’s front-facing parking and storefront glazing help make the space practical for businesses that benefit from direct, street-level presence.
Key Highlights
- Multi‑tenant retail and office property in Cocoa, FL on U.S. Highway One
- Two single‑story buildings totaling 10 units with space from 1,310 to 2,904 SF
- Built in 1983–1984 with concrete block and stucco construction
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $423.6k | $21.60 |
| − Vacancy | −$67.8k | −$3.46 |
| EGI | $355.8k | $18.14 |
| − OpEx | −$89.0k | −$4.54 |
| NOI | $266.9k | $13.61 |
19,610 SF · lease $21.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.81M
$3.34M – $4.45M
NOI $266,853 @ 7.0% cap · market cap 7.62%
Second Best
Retail
$3.23M
$2.83M – $3.77M
NOI $226,084 @ 7.0% cap · market cap 6.46%
Theoretical Best
Office A
$5.17M
$4.53M – $6.04M
NOI $362,157 @ 7.0% cap · market cap 10.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Two single-story buildings with storefront visibility and abundant on-site parking support flexible retail and office use.
Where is this retail space located?
The property is located at 840-846 North Cocoa Blvd Cocoa, FL.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Multi‑tenant retail and office property in Cocoa, FL on U.S. Highway One; Two single‑story buildings totaling 10 units with space from 1,310 to 2,904 SF; Built in 1983–1984 with concrete block and stucco construction
