Retail Ctr / 13 Ac - Near proposed AMTRAK

The properties are located on the East side of Highway U.S. # 1, North of Dixie Lane, approximately ½ mile South of SR 520/King Street.  Situated on a major artery in the well-established Rockledge/Cocoa area and North of the rapidly growing Viera/Suntree area.  Area of strong medical influence with Wuesthoff Medical Center one mile South.  Site is directly across from proposed AMTRAK station and prime for retro- fitting the block structures to transit-oriented development.

The structures include retail and office buildings: 908 Rockledge Blvd., a 31,185 ± sf retail strip center (1964 CB/Stucco/ BUTG roof); 940 Rockledge Blvd., a 103,532 ± sf big box retail mall (1965 CB/Stucco / Brick / Thermal Glass / BUTG & Metal roof); and 925 Florida Avenue, 5,260 ± sf of office space in two buildings (Frame / BUTG and Shingle roof / Built 1952 & 1982).  Retail occupancy is about 20% and office space is vacant.   Zoning allows a density up to 25 units per acre and heights up to 110 feet with certain architectural and site design guidelines.  Conceptual site plans / elevations in file for two multi-family projects:  One with 369 residential units and 50,000 sf of retail/office and the second with 156 residential units and 23,000 sf of commercial use.