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Retail Shopping Center
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777 E Merritt Island Cswy, Merritt Island, FL 32952

Shopping center with 1.6 million annual visits and substantial gross leasable area.

Property Size5,445 SF
Days on Market1247

Property Features for 777 E Merritt Island Cswy

General Information

Standard status Active
Size 5,445 SF
Property subtype RETAIL
Listing Agency: Mason Asset Management - Corporate
Listed By: Igal Nassim · License #10311202380
Source: Moodyscre
Added: Mar 1, 2023 Changed: Jul 26 Last Checked: Jul 29 at 3:42PM

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 Mason Asset Management - Corporate

Investment Insights

Based on property information with market context.

This for-lease retail shopping center offers a gross leasable area of 811,277 square feet. The property is positioned to serve a high-volume customer base, with annual visits totaling 1.6 million.

Located on State Road 520, the center is approximately 3 miles from I-95. It is also just miles from Port Canaveral, with daily shuttles to and from the mall.

Key Highlights

  • Shopping center on State Road 520, about 3 miles from I‑95
  • 811,277 SF gross leasable area (GLA)
  • 1.6 million annual visits

Property Analytics

Current Use

Macy's Clothing & Fashion Store Western Heritage @ Merritt ... Clothing Store rue21 Clothing Store I Dont give ... Hat Shop Spencer's (Bike/Boat/Book/etc) Store

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

857
Businesses Nearby
399k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 37% Shops & Services 26% Apparel 17% Superstores 9%
Chick-fil-A Dining
49,393 visits/mo 0.1 miles
Macy's Apparel
39,001 visits/mo 0.2 miles
BJ's Wholesale Club Superstores
35,532 visits/mo 0.4 miles
Michaels Shops & Services
28,458 visits/mo 0.2 miles
Ollie's Bargain Outlet Shops & Services
28,420 visits/mo 0.1 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
Rey
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Similar Off Market Nearby

  • Perrone Center — 230 E Merritt Island Cswy, Merritt Island, FL 32953
  • Sunglass Hut at Macy's — 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
  • Merritt Square Mall — 777 E Merritt Island Cswy, Merritt Island, FL 32952

Frequently Asked Questions

What type of property is this?
Shopping center - Shopping center with 1.6 million annual visits and substantial gross leasable area.
Where is this shopping center located?
The property is located at 777 E Merritt Island Cswy Merritt Island, FL.
What are key features of this property?
This property features: Shopping center on State Road 520, about 3 miles from I‑95; 811,277 SF gross leasable area (GLA); 1.6 million annual visits
(516) 371-5858 Call to check price and availability
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