1208 Dixon Blvd, Cocoa, FL, 32922
Celebration Shopping Plaza
Key Information
Highlights
Compelling Value-Add Opportunity
• Significant upside through below-market rental rates, expiring leases with limited or no renewal options, and opportunities to increase occupancy and drive long-term NOI growth.
Located Within a Qualified Opportunity Zone
• The property is situated in a federally designated Opportunity Zone, offering investors the potential to benefit from attractive tax incentives.
Positioned in Florida’s Thriving Space Coast
• Located in one of the nation’s fastest-growing aerospace and defense corridors, the asset benefits from major employers including SpaceX, Blue Origin, L3Harris Technologies, and other leading defense contractors that continue to drive job growth and economic expansion.
Acquisition Below Replacement Cost
• Offered at approximately $80 per square foot, substantially below today’s replacement cost, providing an attractive basis with significant downside protection.
Florida Tax Advantages
• A No State Income Tax Environment – Florida’s business-friendly climate, strong population growth, and absence of a state income tax continue to attract residents, businesses, and investment capital from across the country.
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