290 North Courtenay Parkway Merritt Island, FL 32953

Building Details

Year Built

1965

Listing agency CBRE - Atlanta m***@cbre.com Show Phone

Listed by Chris Bosworth · License #GA 248342

Source Crexi

Added: May 13 Updated: Jul 21 at 11:35PM Checked: Jul 22 at 8:48AM

Report an Issue

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 CBRE - Atlanta

---

Investment Insights

Based on property information with market context.

CBRE is offering for sale a 3,094 SF Fresh Stop fuel and convenience store on 0.75 acres. The property will be subject to an individual 20-year absolute NNN lease executed by Fresh Stop at closing, with a guaranty from Madison Capital Group LLC and 2.00% annual rent increases through the primary term and each of the four, 5-year renewal options.

The asset is located at 290 North Courtenay Parkway in Merritt Island, Florida, as part of the Palm Bay–Melbourne–Titusville, FL MSA.

This offering provides a long-term leased retail and fuel concept structured as an absolute NNN arrangement, with scheduled rent growth and multiple renewal periods.

Key Highlights

• 3,094 SF Fresh Stop fuel and convenience store on a 0.75‑acre site in Merritt Island, FL
• At closing, property will be leased under an individual 20‑year absolute NNN lease
• Lease includes a guaranty from Madison Capital Group LLC

Property Analytics

Location Intelligence

Similar For Sale Nearby

• 

  $990,000

  5,410 SF

  Turnkey Waterfront Restaurant Business

  Fully operational steakhouse and bar turnkey concept with trained staff and FF&E in a waterfront venue.

  100 North Sykes Creek Parkway, Merritt Island, FL 32953

  View Details
• 

  $1,475,000

  5,848 SF

  Free-Standing Automotive/Retail Building

  Built in 1981, this free-standing building is offered for sale with BU-2 zoning on S Courtenay Pkwy.

  110 S Courtenay Pkwy, Merritt Island, FL 32952

  View Details
• 

  $1,249,000

  8,053 SF

  Neighborhood Retail Strip Mall

  Well-positioned retail strip mall listed for sale in Brevard County.

  1175 N Courtenay Parkway, Merritt Island, FL 32953

  View Details
• 

  $145,000

  998 SF

  Front-Facing Office Suite

  Office suite with front and rear access, flexible layout, tiled and laminate finishes, and freshly painted interiors.

  2555 N Courtenay Parkway, Merritt Island, FL 32953

  View Details
• 

  $2,980,000

  26,900 SF

  Well-Maintained Shopping Center with Vacant Unit

  Well-maintained shopping center with a stable tenant base and one available unit.

  880 N Banana River Dr, Merritt Island, FL 32952

  View Details
• 

  $1,249,000

  8,053 SF

  Renovated Retail-Office Center

  Renovated multi-unit retail and office center with updated interiors and ample parking on a high-traffic corridor.

  1175 N Courtenay Parkway, Merritt Island, FL 32953

  View Details
• 

  $360,000

  2,880 SF

  Neighborhood Convenience Store Building

  Operational convenience store with hot-food kitchen setup and on-site office tenant generating $750 monthly rent.

  1570 N Tropical Trail, Merritt Island, FL 32953

  View Details
• 

  $1,160,000

  5,550 SF

  Established Medical Office Investment

  Profitable medical office near new hospital, Merritt Island, Florida.

  255 Fortenberry Rd, Merritt Island, FL 32952

  View Details
• 

  $1,100,000

  8,200 SF

  Flex Space with Roll-Up Doors

  Metal-frame flex building with multiple roll-up garage doors, two units, and loft storage, including one fully remodeled unit.

  95 S Plumosa St, Merritt Island, FL

  View Details
• 

  $250,000

  2,250 SF

  Ground-Floor Medical Office Suite

  Ground-floor unit is split into two separate office suites with its own entry doors and no steps.

  255 Fortenberry Road Unit B1, Merritt Island, FL 32952

  View Details
• 

  $950,000

  2,012 SF

  Merritt Island Commercial Property For Sale

  Commercial property for sale in Merritt Island, Florida.

  226 S Courtenay Pkwy, Merritt Island, FL 32952

  View Details
• 

  $2,350,000

  18,120 SF

  Multi-Tenant Warehouse Buildings Near Port

  Two multi-tenant warehouse buildings with office suites near Port Canaveral.

  2755 N Banana River Dr, Merritt Island, FL

  View Details

FAQs

What type of property is this?

Gas station - Fresh Stop fuel and convenience store offers a 20-year absolute NNN lease with scheduled 2% annual increases.

Where is this gas station located?

The property is located at 290 North Courtenay Parkway Merritt Island, FL.

What is the asking price?

The asking price for this property is $3,692,600.

What are key features of this property?

This property features: 3,094 SF Fresh Stop fuel and convenience store on a 0.75‑acre site in Merritt Island, FL; At closing, property will be leased under an individual 20‑year absolute NNN lease; Lease includes a guaranty from Madison Capital Group LLC