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NNN Take 5 Auto Shop
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267 East Merritt Island Causeway, Merritt Island, FL 32952

Freestanding oil-change facility with a dedicated traffic signal and frontage along Merritt Island’s principal retail corridor.

Property Size1,406 SF
Price / SF$1,689
Days on Market97

Property Features for 267 East Merritt Island Causeway

General Information

Standard status Active
Size 1,406 SF
Property subtype Retail
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $148,500

Site & Location

Traffic Count 36,000 vehicles/day
Road Access Yes

Building Details

Year Built 2021
Stories 1
Tenancy Single
Listing Agency: STNL
Listed By: Mark Thompson · License #BK3217284
Source: Crexi
Added: May 26 Changed: Aug 30 Last Checked: Aug 30 at 5:30AM

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 STNL

Investment Insights

Based on property information with market context.

Built in 2021, this 1,406-square-foot Take 5 Oil Change facility at 267 East Merritt Island Causeway is offered with fee-simple ownership and an NNN lease. More than 10 years remain on the lease, with no landlord responsibilities specified. The property includes its own dedicated traffic signal and fronts the E. Merritt Island Causeway, which records 36,000 AVPD.

The site occupies a retail corridor anchored by Home Depot, BJ’s Wholesale Club, Publix, T.J. Maxx, and Aldi, with additional retail within a 2-mile radius. Nearby development includes a new project with Chipotle, Wawa, Christian Brothers Automotive, and El Car approximately 1,000 feet east. The planned Merritt Island Wellness Village will add a 14-acre hospital campus with 120 beds, while Blue Origin has filed permits for an 800,000-square-foot manufacturing facility.

Key Highlights

  • 1,406‑square‑foot Take 5 Oil Change facility built in 2021
  • Fee‑simple ownership with an NNN lease and over 10 years of term remaining
  • Lease structure specifies 0 landlord responsibilities

Property Analytics

Current Use

Take 5 Oil ... Auto Repair Shop

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Hotel & Motel Pharmacy Electrical Service Big Box & Wholesale Store

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

36,000 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,717
Businesses Nearby
560k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 33% Apparel 20% Shops & Services 19% Groceries 10%
Chick-fil-A Dining
49,393 visits/mo 0.5 miles
The Home Depot Home Improvements & Furnishings
47,314 visits/mo 0.4 miles
Publix Groceries
44,037 visits/mo 0.2 miles
T.J. Maxx Apparel
41,205 visits/mo 0.3 miles
Macy's Apparel
39,001 visits/mo 0.5 miles

Demographics for 32952, FL

20,670
Population
10,108
Households
2
Avg Household Size
52
Median Age
45%
College-Educated
96%
High-School Grad
12.3 sq mi
ZIP Area
1,680
Density / Sq Mi
$98,651
Median Household Income
$53,478
Median Earnings
$1,353
Median Rent
$404,000
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?
Auto shop - Freestanding oil-change facility with a dedicated traffic signal and frontage along Merritt Island’s principal retail corridor.
Where is this auto shop located?
The property is located at 267 East Merritt Island Causeway Merritt Island, FL.
What is the asking price?
The asking price for this property is $2,375,000.
What are key features of this property?
This property features: 1,406‑square‑foot Take 5 Oil Change facility built in 2021; Fee‑simple ownership with an NNN lease and over 10 years of term remaining; Lease structure specifies 0 landlord responsibilities
(689) 666-9555 Call to check price and availability
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