Brevard Professional Center

1260-1264 Rockledge Blvd,
Rockledge FL
18,401 Sq. Ft.

Property Facts

Building Area: 18,401 Sq. Ft.
No. of Units: 8 Professional /Office Units
Unit Range: 1,400-3,036 Sq. Ft.
Year Built: 1978/1983
Construction: Concrete Block and Stucco
Zoning: C2
General Commercial
Roof: New (2012)
Modified Bitumen Roof
Restrooms: Minimum 1 per suite
Configuration: Two Buildings
1260: 6,736 Sq. Ft.
1264:11,665 Sq. Ft.
Land Size: 1.86 Acres

Property at Purchase

Purchase Price: $775,000.00
Purchase Price PSF: $42.11
Occupancy at Purchase: 20%
Average Rent PSF At Purchase: $11.00 PSF

After Renovation and Transformation

Cash Out Via Financing: $1,000,000.00
Current Replacement Cost Value: $225.00 PSF
Occupancy After One Years of Ownership: 100.00%
Average Rent PSF After Renovation: $13.50 PSF
Renovation Capital Expenditures: $10.00 PSF

Property at Purchase

After Renovation and Transformation

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