Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5900 Atlantic Ave Cocoa Beach, FL 32931

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime Beachfront Retail Opportunity. Build-to-Suit Available.

    Lot size:
    22,216 SF

    Property Features for 5900 Atlantic Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    22,216 SF

    Spaces For Lease

    at 5900 Atlantic Ave, Cocoa Beach, FL 32931 Contact us

    We can help!

    Listing Contact
    Jeffery T. Robison Ccim
    Jeffery T. Robison Ccim

    Listing Agency: Lightle Beckner Robison, Inc. Listing Agent: Jeffery T. Robison Ccim

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 0.51-acre corner lot in Cocoa Beach, Florida, presents a rare opportunity for a quick-service restaurant (QSR) development. Located at the high-traffic intersection of North Atlantic Avenue and Harding Avenue, this property boasts an enviable position near Port Canaveral, recently voted the Best US Cruise Homeport of 2023. The site is zoned BU-1 and features completed plans for a QSR, making it ideal for a ground lease or build-to-suit project. With an impressive 33,500 AADT (average annual daily traffic) count, this location ensures high visibility and significant customer access. The property's address is 5900 N Atlantic Ave, Cocoa Beach, FL 32931, within Brevard County (APN: 24-37-26-CG-99-9). This single-tenant retail opportunity is ready for immediate development, offering significant potential for return on investment in a thriving coastal community. The property's prime location and high traffic volume make it an exceptional investment prospect for discerning developers seeking a high-impact location in a popular tourist destination. The existing plans for a QSR streamline the development process, minimizing delays and maximizing efficiency. This is a truly unique opportunity to establish a successful business in a highly desirable area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cocoa Beach
    County
    Brevard
    State
    Florida
    Longitude
    -80.605304
    Latitude
    28.37145

    Nearby Similar for Lease

    • $1,900 /Mo
      8,858 SF

      Cocoa Beach Commercial Space

      Commercial suite for lease in high-demand Cocoa Beach area.
      4350 N Atlantic Ave, Cocoa Beach, FL 32931
      View Details
    • $700 /Mo
      297 SF

      Remodeled Office with River Views

      Newly remodeled office space with panoramic river views for rent.
      1980 N Atlantic Ave, Cocoa Beach, FL 32931
      View Details
    • $750 /Mo

      Commercial Space in Cocoa Beach

      Shop and office spaces available for rent in Cocoa Beach.
      102 Woodland Ave, Cocoa Beach, FL 32931
      View Details
    • $1,200 /Mo
      680 SF

      Cocoa Beach Office Condo

      Second-floor office condo in well-maintained building near the beach.
      3000 And 203, Cocoa Beach, FL 32931
      View Details
    • $2,133 /Mo
      1,460 SF

      Cocoa Beach Office Space For Rent

      Office condo near the beach, suitable for various professional uses.
      3000 N Atlantic Ave, Cocoa Beach, FL 32931
      View Details
    • $36 SF/Yr
      1,125 SF

      Retail Space in Cocoa Beach

      Retail center with ample parking and high visibility.
      225-299 W Cocoa Beach Cswy, Cocoa Beach, FL 32931
      View Details
    • $15 SF/Yr
      1,447 SF

      Office Space with River Views

      Office suites available with flexible configurations and abundant natural light.
      150 Cocoa Isles Blvd, Cocoa Beach, FL 32931
      View Details
    • $14 SF/Yr
      894 SF

      Cocoa Beach Office Space Available

      Office suites available for lease in Cocoa Beach, Florida.
      801 N Atlantic Ave, Cocoa Beach, FL 32931
      View Details
    • Contact for pricing
      2,050 SF

      Retail Space on Highway A1A

      Retail space in a high-traffic tourist area near Publix.
      2003 N Atlantic Ave, Cocoa Beach, FL 32931
      View Details
    • Contact for pricing
      1,040 SF

      Cocoa Beach Office Suites Available

      Office and medical suites for lease in Cocoa Beach.
      503 N Orlando Ave, Cocoa Beach, FL 32931
      View Details
    • Contact for pricing
      1,425 SF

      Retail Space Near Cocoa Beach

      Retail spaces available near Cocoa Beach and SR 520.
      2005-2043 N Atlantic Ave, Cocoa Beach, FL 32931
      View Details
    • Contact for pricing
      69,194 SF

      5645 Atlantic Ave

      Neighborhood centers • 69,194 SF
      5645 Atlantic Ave, Cocoa Beach, FL 32931
      View Details

    FAQs

    What type of property is this?
    Restaurant - Prime Beachfront Retail Opportunity. Build-to-Suit Available.
    Where is this restaurant located?
    The property is located at 5900 Atlantic Ave Cocoa Beach, FL.
    What are key features of this property?
    This property features: 0.51-acre corner lot in Cocoa Beach, FL, ideal for quick-service restaurant (QSR) development.; High-traffic location at N Atlantic Ave & Harding Ave, near Port Canaveral.; BU-1 zoning with completed QSR plans; ready for ground lease or build-to-suit.
    (321) 722-0707 Call to check price and availability
    Request Owner's contact information
    5900 Atlantic Ave Cocoa Beach, FL 32931
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5900 Atlantic Ave
    Cocoa Beach, FL 32931
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5900 Atlantic Ave Cocoa Beach, FL 32931
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jeffery T. Robison Ccim
    Jeffery T. Robison Ccim
    Real Estate License ID: 3113472
    (321) 722-0707 (321) 508-9462
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!