Triple-Net Shopping
1450 N Courtenay Pkwy Merritt Island, FL 32953
For Sale
Contact for pricing
Triple-net shopping center 98% leased to national tenants with recent capital improvements and visibility to 30,000+ vehicles daily.
Property Size108,975 SF
Days on Market9
Property Features for 1450 N Courtenay Pkwy
General Information
Standard status
Active
Size
108,975 SF
Property subtype
RETAIL
Listing Agency:
Avison Young | Orlando
(305) 447-7865
Listed By:
John K. Crotty · License #699044
Source:
Moodyscre
Added: Jul 21
Changed: Jul 26
Last Checked: Jul 28 at 3:23PM
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 Avison Young | Orlando
Investment Insights
Based on property information with market context.
This triple-net shopping center is approximately 98% leased to national tenants. The property has benefited from $8M in recent capital improvements and features stable triple-net lease structures intended to support steady cash flow with minimal landlord responsibilities.
Located at 1450 N Courtenay Pkwy in Merritt Island, the center sits on the area’s primary commercial corridor with visibility to over 30,000 vehicles daily. The ownership experience includes value-add potential tied to several tenants currently paying below-market rent, along with two undeveloped outparcels.
The offering is presented as a NNN investment with an emphasis on current occupancy strength and potential improvements through lease and outparcel development opportunities.
Located at 1450 N Courtenay Pkwy in Merritt Island, the center sits on the area’s primary commercial corridor with visibility to over 30,000 vehicles daily. The ownership experience includes value-add potential tied to several tenants currently paying below-market rent, along with two undeveloped outparcels.
The offering is presented as a NNN investment with an emphasis on current occupancy strength and potential improvements through lease and outparcel development opportunities.
Key Highlights
- 98% leased triple‑net shopping center to national tenants
- Recent $8M in capital improvements
- Stable triple‑net leases designed for steady cash flow with minimal landlord responsibilities
Property Analytics
Location Intelligence
Current Use
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Frequently Asked Questions
What type of property is this?
Shopping center - Triple-net shopping center 98% leased to national tenants with recent capital improvements and visibility to 30,000+ vehicles daily.
Where is this shopping center located?
The property is located at 1450 N Courtenay Pkwy Merritt Island, FL.
What are key features of this property?
This property features: 98% leased triple‑net shopping center to national tenants; Recent $8M in capital improvements; Stable triple‑net leases designed for steady cash flow with minimal landlord responsibilities
