Cocoa, FL
$1,800,000
Shovel-ready self-storage development site in Cocoa, FL. Cocoa is located on the direct route between I-95 and Cape Canaveral. This 2.99-ac site has great visibility, bordering the Beachline Expressway/SR-528 that connects Orlando to Port Canaveral with 39,900 cars per day and access on Grissom Parkway with over 10,600 cars per day. Major retailers within the market include Publix, CVS, and Walmart. Additionally, the site is within walking distance of a SpaceX Rocket Assembly facility, FedEx, and Amazon distribution centers.
Cocoa is in Brevard County, which has seen a 2.06% annual growth rate according to World Population Review. There is low SF/capita in the market and strong demographics with significant multi-family residential units underway! Approximately 1,000 multi-family apartment complexes are in various stages of construction within 1.5 miles of the site, as well as additional single-family developments in early stages of planning and development.
The proposed site includes a total of 93,150 GSF|73,513 NRSF of mixed climate and drive-up storage totaling 674 units. The front building includes 3-stories with 82,875 GSF of climate-controlled storage. The back building includes an additional 10,275 GSF of single-story drive-up storage. Building permits are in hand allowing for a quick close and a shovel in the ground on the day of closing.
