390 Challenger Rd

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390 Challenger Rd

cape-canaveral, FL 32920
Asking Rate
Contact for rate
Asset Type
Office
Class
Class B

What's Special

390 Challenger Road is located in the heart of Cape Canaveral’s aerospace and commercial corridor, situated just off North Atlantic Avenue. The surrounding neighborhood is characterized by a mix of maritime facilities, government contractors, and industrial services supporting Port Canaveral. Nearby amenities include the retail and dining options along State Road A1A and the recreational areas near the waterfront. The property offers efficient transportation access via Highway 528, providing direct connections to Orlando International Airport and the broader Space Coast region. The building’s proximity to the Kennedy Space Center and Cape Canaveral Space Force Station makes it ideal for defense contractors, engineering firms, and logistics providers. The asset is well-suited for professional administrative functions, satellite offices, or technical consultancy services requiring a physical presence near major aerospace operations. Typical tenants include government agencies, private space industry partners, and maritime-related businesses seeking a strategic location within the local economic hub.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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