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Merritt Island Retail Opportunity
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770 E Merritt Island Cswy, Merritt Island, FL

Retail and restaurant spaces available in a busy shopping center.

Space Size3,614 SF
Lot Size8.87 Acres
Days on Market1309

Property Features for 770 E Merritt Island Cswy

General Information

Standard status Active
Size 3,614 SF
Lot size 8.87 Acres
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 770 E Merritt Island Cswy Contact us

770 E Merritt Island Cswy $30/SF/Yr

Floor
1
Size
3,614 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Exceptional shopping center with strong anchor tenants. - High traffic location...
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Contact us
Listing Agency: Lightle Beckner Robison, Inc.
Listed By: Jeffery T. Robison CCIM · License ##BK3113472
Source: Moodyscre
Added: Feb 13, 2023 Changed: Sep 9 Last Checked: Sep 13 at 11:01AM

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 Lightle Beckner Robison, Inc.

Investment Insights

Based on property information with market context.

This shopping center is located on the corner of E Merritt Island Cswy and Sykes Creek Pkwy, benefiting from high traffic. The property offers ample parking and ideal property signage. A second-generation restaurant space is available, along with a restaurant outparcel. The property includes retail and restaurant spaces. The available space is 3,614 square feet.

Key Highlights

  • High traffic location on the corner of E Merritt Island Cswy. and Sykes Creek Pkwy.
  • Exceptional shopping center with strong anchor tenants.
  • Second generation restaurant available.

Property Analytics

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Current Use

LongHorn Steakhouse Bar & Pub

Suggested Use

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

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
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

850
Businesses Nearby
419k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 35% Shops & Services 29% Apparel 16% Superstores 8%
Chick-fil-A Dining
49,393 visits/mo 0.2 miles
Macy's Apparel
39,001 visits/mo 0.3 miles
BJ's Wholesale Club Superstores
35,532 visits/mo 0.4 miles
Michaels Shops & Services
28,458 visits/mo 0.1 miles
Ollie's Bargain Outlet Shops & Services
28,420 visits/mo 0.3 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Similar Off Market Nearby

  • Merritt Square Mall 777 E Merritt Island Cswy, Merritt Island, FL 32952
  • First Merritt Shopping Center 125 E Merritt Island Cswy Ste 111, Merritt Island, FL 32952
  • Casey Plaza 355 E Merritt Island Cswy, Merritt Island, FL 32952
  • Sunglass Hut at Macy's 777 E Merritt Island Cswy, Merritt Island, FL 32952
  • Perrone Center 230 E Merritt Island Cswy, Merritt Island, FL 32953

Frequently Asked Questions

What type of property is this?
Shopping center - Retail and restaurant spaces available in a busy shopping center.
Where is this shopping center located?
The property is located at 770 E Merritt Island Cswy Merritt Island, FL.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: High traffic location on the corner of E Merritt Island Cswy. and Sykes Creek Pkwy.; Exceptional shopping center with strong anchor tenants.; Second generation restaurant available.
(321) 722-0707 Call to check price and availability
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