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Cocoa Beach, FL - Former Restaurant

$2,400,000

1245 N Atlantic Ave, Cocoa Beach, FL 32931

Active
Last Updated: 10/10/2026

5.77

Cap Rate

150,000

NOI

Details:
Cap Rate:    5.77%
NOI:    $150,000
Building Size:    7,952 sqft
Description:

• Former Denny’s
• Potential retail/commercial redevelopment
• Situated on a 1.37 AC parcel with ample parking
• The site is currently operating but will be delivered as vacant at COE

• The subject property is located less than a mile from Banana River Square, a Publix Supermarket anchored square with many other local tenants
• Less than 5-miles from Health First’s Cape Canaveral Hospital, the largest hospital in Cocoa Beach with over 150 beds
• The Denny’s is located in the primary retail corridor, with many nearby national/credit tenants including CVS, Walgreens, Bealls, Winn-Dixie, Dairy Queen, McDonald’s, and more
• Strong tenant synergy promotes crossover shopping to the subject property

Map:
Location
Gallery