2560 Washington Ave Titusville, FL 32780

This exceptional investment opportunity presents a fee-simple ownership of a 6,150-square-foot retail property in Titusville, Florida. Located at 2560 S Washington Ave, this Class A, single-story building sits on a 1.05-acre lot and boasts 51 parking spaces. Currently 100% occupied by two credit-rated tenants, Chipotle and Sage Dental, under a triple-net (NNN) lease structure with a remaining term of 9 years. The lease includes a 10% rent increase every five years, ensuring consistent income growth. Chipotle's presence, including a Chipotlane drive-thru, and Sage Dental's established reputation contribute to the property's strong financial performance. The property's NOI is $252,638, resulting in a 4.91% cap rate. Built in 2022, the property benefits from its strategic location within the Titus Landing Lifestyle Center, a significant retail development anchored by major brands. The property is zoned UV - Urban Village, and its location on the Space Coast, near Kennedy Space Center and Orlando, provides access to a thriving tourism and aerospace industry. This core investment offers a compelling combination of strong tenants, a desirable location, and significant upside potential. The asking price is $5,150,000, translating to $837.40 per square foot.