For Sale
$550,000

938 Dixon BlvdCocoa, FL 32922

High-Yield Retail Building in Cocoa, FL

Overview

Added:
Dec 11, 2024
Days on market:
114
This single-tenant, free-standing retail building in Cocoa, Florida, presents a compelling investment opportunity. The 2,545 square foot property, built in 1988, sits on a 0.74-acre lot and boasts 32 parking spaces, ensuring ample customer convenience. Currently operating at 100% occupancy with a lease having 3.5 years remaining, this property offers a stable income stream. Located at 938 Dixon Blvd, Cocoa, FL 32922, the property benefits from its strategic position near major roadways, including U.S. Highway 1, State Roads 520 and 528, and I-95, ensuring high visibility and accessibility. Its proximity to Kennedy Space Center, Historic Cocoa Village, Port Canaveral, and Merritt Island further enhances its appeal. The property is zoned CN and offers a versatile space suitable for a variety of retail uses. The asking price is $550,000, translating to $216.11 per square foot. This represents a strong return on investment in a thriving area with significant growth potential. The property's convenient location near Eastern State College, medical facilities, and residential areas contributes to its consistent performance. This is a rare opportunity to acquire a well-located, income-producing retail asset with a strong tenant and significant upside potential. Serious inquiries only.

Highlights

  • 32 surface parking spaces.
  • Close proximity to Historic Cocoa Village/Downtown Cocoa.
  • 20-minute drive to Kennedy Space Center.
  • Less than 0.5 miles from US Highway 1 (33,000 VPD).
  • Centrally located near SR 520, SR 528, and I-95.
  • 3.5 years remaining on lease.

Property Details for 938 Dixon Blvd

Property type
Retail properties, Freestanding property
Square Feet
2,545 SF
Year Built
1988
Buildings
1
Stories
1
Lot Size (sq. ft)
32,234 SF
Units
1

Location Insight

City
Cocoa
County
Brevard
State
Florida
Latitude
28.3745912
Longitude
-80.7419955
938 Dixon Blvd, Cocoa, Florida

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938 Dixon Blvd
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