Retail Industrial Value-Add Investment! - 1308 Clearlake Rd, Cocoa, FL 32922

From SR520 and Clearlake, 1.59 Miles North On Right Don’t miss this multi-tenant, value-add opportunity! This 14,640+/- SF property is ~60% occupied and currently used for commercial retail and industrial. The 4,000 SF of professional offices to the NW are fully leased, with leases ranging from 1-5 years. The NE 4880 SF is industrial, and split between two tenants (3-year lease, month to month), leaving the southern 5,738 SF as an opportunity for investors! This southern portion of the building is currently unoccupied; Redevelop and add even more value to this income-generating property or renovate for owner use. With over 250 FT of frontage on Clearlake Rd, which has an AADT of 23,000, a 16% increase since 2017, this southern portion in particular has stellar visibility. The property is just south of Cocoa’s premier higher education campus which includes Eastern Florida State College, the University of Central Florida, and Florida Solar Energy Center, and just minutes away from Port Canaveral, Cocoa Beach, and Kennedy Space Center!