1970 Michigan Ave

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1970 Michigan Ave

cocoa, FL 32922
Asking Rate
Contact for rate
Asset Type
Office
Class
Class B

What's Special

1970 Michigan Avenue is located in Cocoa, Florida, situated within a commercial corridor less than one mile from the intersection of State Road 520 and U.S. Highway 1. The property offers proximity to the historic Cocoa Village district, providing access to local retail, dining, and professional services. The neighborhood is characterized by a mix of light industrial and established professional offices, benefiting from its central location between Interstate 95 and the Indian River. Public transportation is accessible via nearby bus stops on the Space Coast Area Transit network. This office asset is suitable for professional services, administrative headquarters, or small-scale medical practices. Given its layout and placement within a growing regional hub, typical tenants include legal firms, insurance agencies, and consulting groups seeking a presence near Brevard County’s commercial centers. The property’s accessibility to major regional thoroughfares makes it an appropriate location for businesses requiring a central base to serve both local residents and the broader Space Coast workforce.

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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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