Eau Gallie & 101 Prime Retail Corner
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Eau Gallie & 101 Prime Retail Corner 4 biens | Local commercial | À vendre | 2 363 931 € | Melbourne, FL
Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Prime Location: Situated in the vibrant heart of the Eau Gallie Arts District (EGAD) — a recognized Florida Main Street with bustling foot traffic and
- Current Income: Gross annual income stands at $218,509, with potential for growth through re-leasing and market adjustments.
- Rent Growth Potential: Comparable properties indicate potential rent increases of 10–15% or more across the portfolio.
- Mixed-Use Complex: A total of 14,675 square feet across four buildings featuring 18 individual suites for office and retail use.
- Flexible Leasing: Short-term leases provide the opportunity to increase rents or reposition the asset as needed.
- FULLY LEASED
RÉSUMÉ ANALYTIQUE
Cypress Plaza offers an exceptional opportunity in the heart of the revitalized Eau Gallie Arts District—a growing commercial and cultural hub on Florida’s Space Coast. With short-term leases currently in place, there is immediate upside potential to either re-lease at higher market rents or reposition the asset entirely. Cypress Plaza is ideally situated for value-add investors looking to capitalize on rising demand for flexible office and retail space in a high-growth, high visibility corridor.
Investment Highlights
Prime Location: Situated in the vibrant heart of the Eau Gallie Arts District (EGAD) — a recognized Florida Main Street with bustling foot traffic and strong city backing.
Mixed-Use Complex: A total of approximately 14,675 square feet across four buildings featuring 18 individual suites for office and retail use.
Current Income: Gross annual income stands at $218,509, with potential for growth through re-leasing and market adjustments.
Flexible Leasing: Short-term leases provide the opportunity to increase rents or reposition the asset as needed.
Rent Growth Potential: Comparable properties indicate potential rent increases of 10–15% or more across the portfolio.
High Visibility: The property boasts prominent frontage on Cypress Avenue, with convenient access to US1, I-95, and the Indian River Lagoon.
Surrounding Development: The area is seeing new growth, which will include hospitality retail and restaurant spaces.
Investment by City: Recent enhancements totaling $100,000 by the City of Melbourne have been made for EGAD infrastructure, streetscapes, and cultural initiatives.
Cultural Amenities: Nearby attractions such as 30+ murals, museums, cafes, and picturesque waterfront paths add to the appeal for long-term tenants.
(650) 787-7645 cell - Suzanne Mathieu or Mike Spetko (305) 799-8369
Investment Highlights
Prime Location: Situated in the vibrant heart of the Eau Gallie Arts District (EGAD) — a recognized Florida Main Street with bustling foot traffic and strong city backing.
Mixed-Use Complex: A total of approximately 14,675 square feet across four buildings featuring 18 individual suites for office and retail use.
Current Income: Gross annual income stands at $218,509, with potential for growth through re-leasing and market adjustments.
Flexible Leasing: Short-term leases provide the opportunity to increase rents or reposition the asset as needed.
Rent Growth Potential: Comparable properties indicate potential rent increases of 10–15% or more across the portfolio.
High Visibility: The property boasts prominent frontage on Cypress Avenue, with convenient access to US1, I-95, and the Indian River Lagoon.
Surrounding Development: The area is seeing new growth, which will include hospitality retail and restaurant spaces.
Investment by City: Recent enhancements totaling $100,000 by the City of Melbourne have been made for EGAD infrastructure, streetscapes, and cultural initiatives.
Cultural Amenities: Nearby attractions such as 30+ murals, museums, cafes, and picturesque waterfront paths add to the appeal for long-term tenants.
(650) 787-7645 cell - Suzanne Mathieu or Mike Spetko (305) 799-8369
INFORMATIONS SUR L’IMMEUBLE
| Prix | 2 363 931 € | Nb de biens | 4 |
| Prix/m² | 1 734 € / m² | Individuellement en vente | 0 |
| Taux de capitalisation | 5,77 % | Surface totale de l’immeuble | 1 363 m² |
| Type de vente | Investissement | Surface totale du terrain | 0,26 ha |
| Statut | Actif |
| Prix | 2 363 931 € |
| Prix/m² | 1 734 € / m² |
| Taux de capitalisation | 5,77 % |
| Type de vente | Investissement |
| Statut | Actif |
| Nb de biens | 4 |
| Individuellement en vente | 0 |
| Surface totale de l’immeuble | 1 363 m² |
| Surface totale du terrain | 0,26 ha |
Biens
| NOM DU BIEN/ADRESSE | TYPE DE BIEN | SURFACE | ANNÉE DE CONSTRUCTION | PRIX INDIVIDUEL |
|---|---|---|---|---|
| 1395 Cypress Ave, Melbourne, FL 32935 | Local commercial | 408 m² | 1957 | - |
| 1385 Cypress Ave, Melbourne, FL 32935 | Local commercial | 384 m² | 1960 | - |
| 1363 Cypress Ave, Melbourne, FL 32935 | Local commercial | 296 m² | 1960 | - |
| 1367 Cypress Ave, Melbourne, FL 32935 | Local commercial | 275 m² | 1961 | - |
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