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3700 N Highway 1
Listing Details
- $1,995,000
- MLS# 1076970
- Type Commercial -
- Status
Description
Excellent opportunity to purchase a recently renovated single tenant NNN investment property in booming Brevard County! Introducing 3700 N. Highway 1 which is a 10,570 SF retail showroom/warehouse that is leased to Juniper Mountain Coffee. Initial lease term is March 7, 2024 - March 6, 2029. Rent is $11,700/month NNN + OPEX. Est. 2026 NOI is $140,400 which is a 7.0% CAP. Long term commitment to the building with Two 5-year renewal options. There are 10% base rent escalators in years 6 & 11 of the lease (should the Tenant renew). Building underwent a full renovation in 2024.... 100% HVAC, LED Lighting, Polished concrete flooring. Clear height... Read more
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All Property Features
- Property Type: Commercial -
- Cooling: Central Air
- Days on Site: 99
- Exterior: Aluminum Siding
- Flooring: Concrete
- Lot Description: Cleared
- Lot Size: 0.84 Acres
- Parking Notes: Parking Lot
- Sewer: Septic Tank
- Utility Features: Electricity Connected, Natural Gas Available, Water Connected
- Water: Public
- Year Built: 1983