875 S Cocoa Blvd - Auto Dealership FOR SALE


Cocoa, FL 32922
$11,900,000 USD
321-223-8845
875 S Cocoa Blvd, Cocoa, FL for Sale
$11,900,000 USD
Auto Dealership - FOR SALE
1/67
null | Request Cap Rate

875 S Cocoa Blvd
Cocoa, FL 32922


HIGHLIGHTS

  • Upscale Used Automobile Dealership.
  • Turn Key Operations (Staff will remain if requested)
  • Current Receivables $8,000,000
  • Real estate, Inventory equipment, and Receivables

OVERVIEW

Upscale Used Automobile Dealership Turn Key Operations (Staff will remain if requested) Modern computerized operating and accounting system with updated servers Real Estate, Equipment, Inventory and Receivables included (complete list of fixtures, equipment available) Modern Showroom and Offices Five Service Bays Paved, lighted parking area Current Inventory $1,300,000 at cost (Price adjusted at closing based on then current inventory) Current Receivables $8,000,000 (Price to be adjusted at closing based on actual receivables at that time) Receivable yielding 27% per annum + Average number of automobiles sold per month 22-30 Total Annual income over $4,500,000

FOR SALE DETAILS

PRICE

$11,900,000 USD

PRICE/SF

$4,310 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.84 AC

LAND SF

80,150 SF

ZONING

CG

APN/PARCEL ID

24-36-28-00-00011.0-0000.00

ASK ABOUT THIS PROPERTY

Duane WatsonWatson Commercial Real Estate, Inc.More Info
321-223-8845

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Duane WatsonWatson Commercial Real Estate, Inc.More Info
321-223-8845

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.