For Sale
$10,500,000

801 Dixon BlvdCocoa, FL 32922

Cocoa, FL Retail Investment

Overview

Added:
Dec 11, 2024
Days on market:
114
Byrd Plaza, a 205,127 square foot shopping center in Cocoa, Florida, presents a compelling value-add opportunity. This multi-tenant property, built in 1958 and situated on over 20 acres, boasts a strong existing revenue stream anchored by national tenants including Big Lots, Tractor Supply Company, Dollar General, Rent A Center, Citi Trends, and Subway. The property enjoys a prime location in Brevard County, fronting both Dixon Boulevard and US-1, a major north-south artery providing easy access to Merritt Island, Cocoa Beach, and Interstate 95. Additional access is provided via SR 520 and SR 528, offering convenient connections to Port Canaveral and Interstate 95. The center benefits from its proximity to Eastern Florida State College (approximately one mile away), with a student population of 25,000. Ample parking is available with over 1,200 spaces. The property is zoned CP Commercial City of Cocoa. Financial information, including a total yearly income of $851,541.72, total yearly expenses of $338,756.16, and a net operating income (NOI) of $512,785.56, is available upon request. The asking price is $10,500,000, representing a price per square foot of $51.19. Outparcel development opportunities exist, further enhancing the investment potential. The property is conveniently located within 20-25 minutes of Kennedy Space Center and Orlando/Melbourne International Airport, and approximately 45 minutes to 1 hour from Orlando International Airport.

Highlights

  • 205,127 SF shopping center in Cocoa, FL, offering a value-add opportunity.
  • Strong existing revenue stream anchored by national tenants including Big Lots, Tractor Supply, Dollar General, Rent A Center, Citi Trends, and Subway.
  • Prime location in Brevard County, fronting Dixon Blvd and US-1, with easy access to major roadways and I-95.
  • Over 1,200 parking spaces and proximity to Eastern Florida State College (25,000 students).
  • $10,500,000 asking price ($51.19/SF), NOI of $512,785.56 (available upon request), and outparcel development potential.

Property Details for 801 Dixon Blvd

Property type
Lifestyle centers, Power centers
Square Feet
205,127 SF
Year Built
1958
Lot Size (sq. ft)
871,636 SF

Location Insight

City
Cocoa
County
Brevard
State
Florida
Latitude
28.3759357
Longitude
-80.7397225
801 Dixon Blvd, Cocoa, Florida

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801 Dixon Blvd
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