Listed by Marcus & Millichap - Orlando
$1,200,000
119 MUSTANG WAY
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 8,000
Net Rentable (SqFt) 7,904
Cap Rate 8.05%
NOI $96,654
Occupancy 100%
Tenancy Multi
Lease Type Gross
Price per SqFt $150
Class B
Year Built 1978
Investment Type Stabilized
Tenant Credit No Credit Rating
Ownership Fee Simple
8.05% CAP | $151/SF | Florida's Space Coast
Investment highlights
Situated in a Dense and High-Growth Submarket With Over 9,000 People in a 1-Mile Radius and Projected 8% Population Growth the Next Five Years
Strong In-Place Cash Flow | 8.05% CAP Rate Offers an Attractive Initial Return
5+ Year History for Every Tenant Offers Reliability and an Established Tenant Presence at this Location
Attractive Basis at $151/SF, Offering Investors a Clear Path to Long-Term Appreciation
Average Gross Rents are $16.20/SF Whereas the Sub-Market Average is 19.81/SF NNN, Providing a Clear Opportunity for Future Rental Appreciation
Listing Contacts
Listed by Marcus & Millichap - Orlando
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$96,654.00
$8,054.50/mo
Valuation Metrics
0
DSCR
8.05%
Cap Rate
8.05%
ROI
Map
Zoning
BU-1 CommercialRetail CommercialGeneral Retail Commercial
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View all 132 uses Last updated Jan 30, 2026 For deeper zoning details, reports are available at Zoneomics
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