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North Fiske 
204 N. Fiske
Cocoa, FL 32922
County: Brevard
 
Gene Artusa
(321) 720-5053
   Photos
Image 1 of 1
 
 
  For Sale In Contract  
Property Use Type:Investment
Type:Retail
Street Retail
Building Size:3,988 SF
Lot Size:0.40 Acres
Occupancy:75.00%
Price:$300,000
Price/SF:$75.23
Cap Rate:7.70%
Date Last Verified:8/25/2008
Property ID:15457812
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 Additional Information 

Property Description:
3988 SF Retail Strip Center located in Cocoa Florida. 5 separate store fronts. Property sits on a corner with 0.40 acres. Currently there are 3 tenants in place occupying 2418 SF. City water and Sewer on site. Metered separately for Electric and water. Property has strong upside potential and is priced for a quick sale at $275,000. For more details please call Gene Artusa 321-720-5053. Property is also available to lease.

Location Description:
Corner lot in a mixed residential and commercial area. Within a mile of SR 520 and US 1.

No. Stories:1Commission Split:2%
TaxID/APN:2424227
  Financial Summary Proforma  
Year:2006
Scheduled Gross Income:$34,200
Effective Gross Income:$31,310
Operating Expenses:$8,260
Net Operating Income:$23,050
 
  Major Tenant Information
Tenancy Type: Multiple
 
Realtor
SF Occupied: 663
 
Food
SF Occupied: 390
 
Electric
SF Occupied: 858
 
Beauty Shop
SF Occupied: 897
 
Vacant
SF Occupied: 1,091
 
 
  Debt & Equity Information
No Debt & Equity Information Provided
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11/29/2007
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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
 
 
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