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4087 US Highway 1

9,600 SF Vacant Office Building Rockledge, FL 32955 $1,865,851 CAD ($194 CAD/SF) 7.58% Cap Rate

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Investment Highlights

Proforma NOI & CAP rate with vacant 3,600 sf leased at $14.50/sf gross - $98,500 - 7.6%

Includes .85 acre lot on the west side of Highway 1

Executive Summary

Introducing a prime investment opportunity at 4085 & 4087 U.S. 1, Rockledge, FL. There is 3,600 sf vacant which can be used by an Owner/User or can be leased for additional income. This meticulously maintained 9,600 SF building houses 8 units, offering ample space for a range of office configurations. Built in 2004 and recently renovated in 2020, this property is primed for modern business needs. Zoned BU-1 General Retail Commercial, it presents an attractive prospect in the flourishing Viera/Rockledge area. Don't miss out on this turnkey opportunity in a thriving commercial hub.

4085-4087 Highway 1 Sale Brochure

Property Facts

Sale Type

Investment or Owner User

Property Type

Office

Building Size

9,600 SF

Building Class

Year Built

1999

Price

$1,865,851 CAD

Price Per SF

$194 CAD

Cap Rate

7.58%

NOI

$141,374 CAD

Percent Leased

Vacant

Tenancy

Multiple

Building Height

1 Story

Typical Floor Size

5,598 SF

Building FAR

0.42

Lot Size

0.53 AC

Zoning

BU1 - general commercial

Space Availability

1st Fl-Ste 102
1,200-3,600 SF
Office
Full Build-Out
Now

4087 US Highway 1, Rockledge, FL for sale Building Photo- Image 1 of 1 — Building Photo

14,50 $/p2 pour 3 600 $sf. 16,00 $/pf pour 1 200 pieds pieds ou 2 400 pieds pieds

1st Fl-Ste 103
1,200-3,600 SF
Office
Full Build-Out
Now

14,50 $/p2 pour 3 600 $sf. 16,00 $/pf pour 1 200 pieds pieds ou 2 400 pieds pieds

Space	Size	Space Use	Condition	Available
1st Fl-Ste 102	1,200-3,600 SF	Office	Full Build-Out	Now
1st Fl-Ste 103	1,200-3,600 SF	Office	Full Build-Out	Now

Size

1,200-3,600 SF

Space Use

Office

Condition

Full Build-Out

Available

Now

Size

1,200-3,600 SF

Space Use

Office

Condition

Full Build-Out

Available

Now

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PROPERTY TAXES

Parcel Numbers	Multiple 25-36-23-00-00585.0-0000.00 25-36-23-00-00589.0-0000.00	Improvements Assessment	$548,008 CAD
Land Assessment	$72,319 CAD	Total Assessment	$1,236,743 CAD