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    OFF-MARKET
    Retail properties & Spaces

    8801 Astronaut Blvd, Cape Canaveral, FL 32920

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    AI-generated overview

    This exceptional 5-acre commercial property at 8801 Astronaut Boulevard, Cape Canaveral, FL 32920, presents a unique retail investment opportunity. Zoned C1, this single-tenant property boasts a substantial 9,208 square foot building situated on a prime corner lot with significant frontage on Astronaut Boulevard (460 feet) and Central Avenue (500+ feet). The property is part of the Wave Village Project, Phase 2, and benefits from its strategic location—the first traffic light from Orlando. This location offers unparalleled visibility and accessibility. The property's existing tenants include Beach Wave Beachwear and Zarrella's Italian Restaurant. Seven individual retail rental spaces, ranging from 1300 to 1348 square feet each, are available. There's flexibility to combine multiple units for larger space requirements. Furthermore, the development plan includes short-term, condo-style, fully furnished living spaces and a food hall above the retail spaces. The property's proximity to Port Canaveral, Exploration Tower, Jetty Park, four cruise lines, and over 200 businesses (marinas, restaurants, retail, charter boats, and a casino ship) ensures high foot traffic and a robust customer base. The APN is 24-37-15-00-00817.0-0000.00. This is an unparalleled chance to establish a thriving business in a dynamic and rapidly growing area.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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