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Oak Park Plaza
1617-1649 North Cocoa Blvd.
Cocoa, FL
17,820 Sq. Ft.
Property Facts
| Building Area: | 17,820 Sq. Ft. |
| Configuration: | Four Buildings 4,937 Sq. Ft. 3,717 Sq. Ft. 4,700 Sq. Ft 4,735 Sq. Ft. |
| Property Configuration: | 588 Linear Feet on U.S. Highway One |
| Parcel Size: | 1.32 Acres |
| Construction: | CBS |
| Year Built: | 1986 |
| Unit Range: | 940-4,937 SF |
| Building Height: | Single Story |
| Use: | Retail Shopping Center |
Property at Purchase
| Purchase Price: | $685,000.00 |
| Purchase Price PSF: | $38.43 |
| Occupancy at Purchase: | 40% |
| Average Rent PSF At Purchase: | $6.00 PSF |
After Renovation and Transformation
| Cash Out Via Financing: | $800,000.00 |
| Current Replacement Cost Value: | $235.00 PSF |
| Occupancy After One Year Ownership: | 85.00% |
| Average Rent PSF At Sale: | $12.00-$17.00 PSF |
| Renovation Capital Expenditures: | $10.00 PSF |
