Walmart Shadow Center with new roof
12,622 SF | 100% Leased | Retail Building | Cocoa, FL 32922 | $3,839,000 ($304/SF) | 5.52% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $3,839,000
- Property Type
-
Retail
- Square Feet
- 12,622 SF
- Price / Square Foot
- $304
Listing Contacts
Russell Malayery, CCIM
Verified Profile
- Property Info
Property Overview
We are please to exclusively offer for sale this Walmart Shadow center a NNN leased investment property with Dollar Tree and AT&T as the long term tenants in Cocoa Florida.
Situated on the lighted intersection with over 22,000 average daily traffic and over 79,000 population in a 5-mile radius and average Houshold income of over $113,000.
Dollar Tree has been at this location since 2008 and showing their commitment to the site has new 10-year lease to 2031. AT&T has been at this location since 2014 and showing their commitment to the site has a new 3-year lease to 2027.
Property has a new roof in 2020 and all expenses are reimbursed by tenants making this an ideal netleased investment with corporate guarantee.
Situated on the lighted intersection with over 22,000 average daily traffic and over 79,000 population in a 5-mile radius and average Houshold income of over $113,000.
Dollar Tree has been at this location since 2008 and showing their commitment to the site has new 10-year lease to 2031. AT&T has been at this location since 2014 and showing their commitment to the site has a new 3-year lease to 2027.
Property has a new roof in 2020 and all expenses are reimbursed by tenants making this an ideal netleased investment with corporate guarantee.
Property Details
- Year Built/Renovated
- 2009/2020
- Stories
- 1
- Property Subtype
- Storefront
- Lot Size (sq. ft)
- 43,996 SF
Highlights
- 100% leased netleased investment
- Located at a lighted intersection with high visibility
- New roof in 2020
- 5-mile population of over 78,000
- 5-mile Average Household Income of over $113,000
- Shadow to Walmart Supersenter of over 2,000,000 Annual traffic per Placer.ai
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