Cocoa Industrial Complex
$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
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.