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32956781
32956782

4130 Pine Tree Place, Cocoa, FL 32926

JZ
AZ SA545840000, NE NE 20070698
Commercial Investment Advisors (CIA) Scottsdale
Listed by Commercial Investment Advisors (CIA) Scottsdale
$1,097,000
8 days on market
Updated 8 days ago

VINCENT FIRE PROTECTION & PLUMBING – COCOA, FL

Details
Property Type Retail, Industrial
Sub Type Storefront, Flex (+1)
Square Footage 7,181
Net Rentable (SqFt) 7,181
Cap Rate 8.75%
NOI $96,000
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 10
Remaining Term 10
Year Built 2019
Acreage 0.500
Zoning C
Investment Type Sale/Leaseback
Ground Lease No

100% Occupancy | Absolute NNN | 7,181 SF

Marketing description

Vincent Fire Protection & Plumbing has a 10-year Absolute NNN lease with attractive 9.375% rental escalation in the beginning of the 6th lease year! The Tenant, Vincent Fire Protection & Plumbing is a trusted, 3rd-generation Central Florida company with over 50 years of experience delivering high-quality, fully compliant fire protection & commercial plumbing solutions, backed by expert service, innovation, and 24/7 emergency support.

Cocoa is a part of a rapidly expanding commercial and aerospace corridor, increasing demand for fire suppression and plumbing systems across industrial, retail & hospital sectors. Retailers within 5 miles include Sam’s Club, Walmart, Publix, Aldi, Save-A-Lot, Dollar General, Dollar Tree, Tractor Supply, GameStop, T-Mobile, Advance Auto Parts, O’Reilly Auto Parts, Walgreens; Dining options include McDonald’s, Taco Bell, Dunkin’, IHOP, Sonic Drive-In, and Beef O’Brady’s. It is 4 miles from Eastern Florida State College (EFSC) - Cocoa Campus – the oldest & largest of EFSC’s 4 campuses, featuring advanced STEM facilities with hands-on workforce training in HVAC, welding, CNC machining, along with high-demand programs such as Aerospace Technology, Veterinary Technician, Dental/Medical Assisting, and Lab Technology, serving a student population of over 19,900 across all campuses; 11.5 miles from Cape Canaveral Hospital | Health First – featuring 150 beds over 200 highly skilled physicians with services such as The Women’s Diagnostic Center, a 21-bed Level II Emergency Dept., Dialysis, Oncology/Hematology, Plastic Surgery, Psychiatry, Family Practice, etc.

Investment highlights

  • NEW 10-YEAR ABSOLUTE NNN LEASE: 10-year Absolute NNN lease with attractive 9.375% rental escalation in the beginning of the 6th lease year!
  • TENANT: Vincent Fire Protection & Plumbing is a trusted, 3rd-generation Central Florida company with over 50 years of experience delivering high-quality, fully compliant fire protection & commercial plumbing solutions, backed by expert service, innovation, and 24/7 emergency support
  • GROWING COMMERCIAL MARKET: Cocoa is a part of a rapidly expanding commercial and aerospace corridor, increasing demand for fire suppression and plumbing systems across industrial, retail & hospital sectors
  • TRAFFIC COUNTS: Near Cox Rd (Cocoa’s main north/south artery) with traffic counts of 5,081 CPD - 1/2 mile south from FL-524 (traffic counts: 15,150 CPD)
  • 2025 DEMOGRAPHICS: Total Population (5MI): 56,824 | Average Household Income (1MI): $90,577

Listing Contacts

JZ
AZ SA545840000, NE NE 20070698
Commercial Investment Advisors (CIA) Scottsdale
Listed by Commercial Investment Advisors (CIA) Scottsdale

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$96,000.00
$8,000.00/mo

Valuation Metrics

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DSCR
8.75%
Cap Rate
8.75%
ROI

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