5900 N Atlantic Ave Cocoa Beach, FL 32931
For Lease
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BU1 · Cocoa Beach, FLCocoa Beach. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.