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1208 Dixon Blvd, Cocoa, FL, 32922

Celebration Shopping Plaza

$5,800,000

Key Information

$ per SF
$80
Tot. SF
72,165
Lot Size
10.06 Acres
Units
14
Type
Shopping Centers
Occupancy
76.86%
NOI
$242,172

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.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # BK3554632, CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203