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Renovated Retail Center on Merritt Island
For Lease
$20 SF/Yr

1450 North Courtenay Parkway, Merritt Island, FL 32953

High-visibility retail spaces available in a renovated shopping center.

Space Size1,000 SF - 11,365 SF
Property Size108,975 SF
Days on Market112

Property Features for 1450 North Courtenay Parkway

General Information

Standard status Active
Size 1,000 SF - 11,365 SF
Property subtype Retail
Lease Type SF/yr
Lease Term NNN

Building Details

Building Size 108,975 SF

Spaces For Lease

at 1450 North Courtenay Parkway Contact us

Outparcel

Type
Retail
Term
Negotiable
Rate
Contact for pricing
Contact us

Unit 21 $24/SF/Yr

Size
1,000 SF
Type
Retail
Term
Negotiable
Contact us

Unit 22 $21/SF/Yr

Size
11,365 SF
Type
Retail
Term
Negotiable
Contact us

Unit 30 $20/SF/Yr

Size
8,700 SF
Type
Retail
Term
Negotiable
Contact us

Unit 33 $22/SF/Yr

Size
1,200 SF
Type
Retail
Term
Negotiable
Contact us
Listing Agency: NAI Merin Hunter Codman, Inc.| West Palm Beach
Listed By: Bruce Corn · License #FL BK531450
Source: Naiglobal
Added: Apr 20 Changed: Aug 8 Last Checked: Apr 20 at 9:04PM

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 NAI Merin Hunter Codman, Inc.| West Palm Beach

Investment Insights

Based on property information with market context.

Shoppes at Victoria Square is a ±109,000 SF neighborhood retail center located along Merritt Island's primary retail corridor. Anchored by Burlington, Ulta Beauty, and Five Below, the property has undergone over $8 million in capital improvements, resulting in a modernized asset with strong curb appeal and a versatile layout. The center benefits from a proven national co-tenancy that drives consistent daily foot traffic. Available spaces include second-generation junior anchor suites and a freestanding outparcel. The location is suitable for fitness, medical, off-price retail, specialty concepts, or QSR operators seeking a high-visibility retail location on Florida's Space Coast. The property benefits from signalized access and over 400 feet of frontage on N. Courtenay Pkwy, which sees over 30,000 vehicles per day. The surrounding area has over 77,655 residents within a 5-mile radius and an average household income of $112K, with a Wealth Index of 117. The location is minutes from Kennedy Space Center, SpaceX, Blue Origin, Port Canaveral, and Patrick Space Force Base.

Key Highlights

  • Anchored by Burlington, Ulta Beauty, and Five Below, driving consistent daily foot traffic.
  • High‑visibility location on N. Courtenay Pkwy with 30,000+ vehicles per day and signalized access.
  • Recently renovated with over $8 million in capital improvements, offering a modern design and updated facade.

Property Analytics

Current Use

Brevard County Occupation ... County Government Office Jessica Hocks Real ... Real Estate Agency Janet Herron* REALTOR Real Estate Agency Bagel World Victoria ... (Bike/Boat/Book/etc) Store Topline Appliance & Mattress Home Appliance Store

Suggested Use

Top Pick Law Firm Auto Parts Store Parking Lot & Garage Big Box & Wholesale Store HVAC Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

514
Businesses Nearby
164k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Superstores 42% Groceries 24% Shops & Services 17% Apparel 8%
Target Superstores
69,143 visits/mo 0.1 miles
Publix Groceries
39,502 visits/mo 0.3 miles
Goodwill Apparel
12,721 visits/mo 0.1 miles
Cumberland Farms Shops & Services
11,992 visits/mo 0.2 miles
Burger King Dining
7,360 visits/mo 0.1 miles

Demographics for 32953, FL

24,430
Population
11,566
Households
2.1
Avg Household Size
51
Median Age
35%
College-Educated
95%
High-School Grad
39.8 sq mi
ZIP Area
614
Density / Sq Mi
$84,248
Median Household Income
$41,534
Median Earnings
$1,300
Median Rent
$394,300
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - High-visibility retail spaces available in a renovated shopping center.
Where is this shopping center located?
The property is located at 1450 North Courtenay Parkway Merritt Island, FL.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Anchored by Burlington, Ulta Beauty, and Five Below, driving consistent daily foot traffic.; High‑visibility location on N. Courtenay Pkwy with 30,000+ vehicles per day and signalized access.; Recently renovated with over $8 million in capital improvements, offering a modern design and updated facade.
More about this property
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