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Cocoa Industrial Complex

Cocoa Industrial Complex
FOR SALE

$1,050,000

1501 Lake Drive, Cocoa, FL 32922

9,450 SF

Square Feet

$111

PPSF

Property Description

Opportunity to acquire Lake Drive Industrial Complex, a multi-tenant industrial property located at 1501–1503 Lake Drive in Cocoa, Florida. The property contains approximately 9,450 square feet across nine warehouse units and one office unit, with most warehouse spaces measuring approximately 1,000 square feet.

The complex features metal-roof construction, enamel steel exterior walls, rigid steel trusses, approximately 13-foot ceiling heights, and roll-up door access for the warehouse units. Its flexible small-bay configuration supports a range of contractor, automotive, service, storage, and light-industrial users.


Property Details

Asset Type

Industrial

Year Built

1973

Neighborhood

Cocoa West

Submarket

Cocoa

ZIP

32922

Listing Type

sale


Offering Memorandum

Download

Net Operating Income (NOI)

$0

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)

-$59,730

Cash-on-Cash Return

-22.75%

Monthly Debt Service

$4,978

Annual Debt Service

$59,730

View on Map

Address

1501 Lake Drive

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Cocoa Industrial Market Snapshot

Boundary boundary · Industrial · Sale

No investors found in this market.

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Kirk Von Stein

Kirk Von Stein

President

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Kirk Von Stein

Kirk Von Stein

President

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