100 North Sykes Creek Parkway, Merritt Island, FL 32953
Fully operational steakhouse and bar turnkey concept with trained staff and FF&E in a waterfront venue.
- Added:
- Jun 23, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 24 at 4:31 am
Property Features for 100 North Sykes Creek Parkway
General Information
- Standard status
- Active
- Size
- 5,410 SF
- Property subtype
- Retail
Listing office Lightle Beckner Robison, Inc. (321) 419-9088
Listing date Jun 23, 2026
Source Teamlbr
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Lightle Beckner Robison, Inc.
HighLights
- Turnkey restaurant business at Champs Steakhouse & Bar, fully operational with trained staff
- Includes FF&E in place
- Established customer base
- Restaurant concept located in a +/- 5,410 SF waterfront venue
Overview
The property is located at 100 North Sykes Creek Parkway in Merritt Island, Florida. As described in the offering, the venue is waterfront, aligning the space with tenant and operator use cases where the exterior setting and waterfront dining experience are part of the business concept.
For buyers seeking a functioning restaurant platform, this turnkey package reduces the start-up steps typically required to open and staff a foodservice operation, since trained personnel and the operational FF&E are included. It may also appeal to experienced operators looking to acquire an established steakhouse and bar brand concept without assembling the operation from scratch.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $103.9k | $19.20 |
| − Vacancy | −$7.8k | −$1.44 |
| EGI | $96.1k | $17.76 |
| − OpEx | −$24.0k | −$4.44 |
| NOI | $72.1k | $13.32 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Merritt Island
- County
- Brevard
- State
- Florida
- Longitude
- -80.6826814
- Latitude
- 28.3560904
