Taco Bell NNN Retail
For Sale
Contact for pricing
410 North Courtenay Parkway, Merritt Island, FL 32953
20-year absolute NNN lease with 1.5% annual increases and a corporate guaranty, following a complete remodel in 2016.
Property SizeContact for details
Days on Market122
Property Features for 410 North Courtenay Parkway
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Traffic Count
37,380 vehicles/day
Building Details
Year Renovated
2016
Listing Agency:
Marcus & Millichap - San Diego
(858) 373-3100
Listed By:
Phil Sambazis · License #01474991
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 20 at 4:35PM
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 Marcus & Millichap - San Diego
Investment Insights
Based on property information with market context.
This Taco Bell property is offered with a new 20-year absolute NNN lease featuring 1.5% annual increases. The lease includes a corporate guaranty from one of the largest Taco Bell franchisees, which operates 33 locations. The building underwent a complete interior and exterior remodel in 2016.
The site is highly visible along North Courtenay Parkway, with reported exposure to 37,380 cars per day. It is adjacent to Edgewood High School and positioned across from Mila Elementary, with Merritt Island High School down the street. The location is also about 1 mile from Merritt Square Mall, and it is minutes from Kennedy Space Center, with reported proximity to Cape Canaveral Air Force Station and Patrick Air Force Base.
Market support in the provided remarks includes a growing trade area with 128,929 residents and average household income exceeding $65,000 within 3 and 5 miles.
The site is highly visible along North Courtenay Parkway, with reported exposure to 37,380 cars per day. It is adjacent to Edgewood High School and positioned across from Mila Elementary, with Merritt Island High School down the street. The location is also about 1 mile from Merritt Square Mall, and it is minutes from Kennedy Space Center, with reported proximity to Cape Canaveral Air Force Station and Patrick Air Force Base.
Market support in the provided remarks includes a growing trade area with 128,929 residents and average household income exceeding $65,000 within 3 and 5 miles.
Key Highlights
- 20‑year absolute NNN lease with 1.5% annual increases and corporate guaranty
- Complete interior/exterior remodel completed in 2016
- Highly visible on a dominant retail corridor with traffic of 37,380 cars/day
Property Analytics
Current Use
Lease Details
37,380 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
1,286
Businesses Nearby
215k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 35%
Shops & Services 26%
Home Improvements & Furnishings 22%
Apparel 14%
The Home Depot
Home Improvements & Furnishings
47,314 visits/mo
0.3 miles
Ross Dress for Less
Apparel
29,126 visits/mo
0.3 miles
Wendy's
Dining
15,319 visits/mo
0.4 miles
Dollar Tree
Shops & Services
13,582 visits/mo
0.4 miles
Sonny's BBQ
Dining
13,438 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - 20-year absolute NNN lease with 1.5% annual increases and a corporate guaranty, following a complete remodel in 2016.
Where is this nnn property located?
The property is located at 410 North Courtenay Parkway Merritt Island, FL.
What are key features of this property?
This property features: 20‑year absolute NNN lease with 1.5% annual increases and corporate guaranty; Complete interior/exterior remodel completed in 2016; Highly visible on a dominant retail corridor with traffic of 37,380 cars/day
