Prime Real Estate with Direct US-1 Frontage

5195 S. Washington Ave. Titusville, FL 32780

5195 S. Washington Ave., Titusville, FL, 32780
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FOR SALE FOR LEASE
Property Type:
Multi Tenant Office
Amount:
$2,500,000
Last Verified:
Feb 28, 2024

Highlights


Description

Prime real estate with direct frontage on US-1, situated opposite Playalinda Brewery Brix Project, and adjacent to a new upscale housing development, Tranquility Shores. Formally occupied by a vibrant church, this property boasts Community/Commercial zoning, making it perfect for a diverse range of business ventures. Become part of a thriving community with major employers including Kennedy Space Center/NASA, SpaceX, Blue Origin, L3-Harris Technologies, Cape Canaveral Cruises, Northrop Grumman, and Parrish Medical Center.

Entire building for lease. Previously home to an active Church, this property is zoned Community/Commercial and is an ideal location to host a variety of businesses. Lessee would become part of a thriving community with major employers including Kennedy Space Center/NASA, SpaceX, Blue Origin, L3-Harris Technologies, Cape Canaveral Cruises, Northrop Grumman, and Parrish Medical Center.
Tenant is responsible for lawn care and landscaping. Lease is negotiable.

Direct frontage to US-1 Across from Playlinda Brewing Brix Project and in front of a new upscale housing development, Tranquility Shores. Abundant visibility with a AADT Traffic Count of 26,500. Previously home to an active Church, this property is zoned Community/Commercial. Property has 76 parking spaces.


Year Built: 1984
Building Size: 10940sq ft
Building Class: B
Lot Size: 1.54 acres


Documents

Lease Flyer
Sale Flyer

Units for Lease

Prime Real Estate with Direct US-1 Frontage 5195 S. Washington Ave.
Space Available: 10940 SF
Lease Type: Modified Gross

Map of 5195 S. Washington Ave., Titusville, FL, 32780

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.