Fully Leased Shopping
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850 N Banana River Dr, Merritt Island, FL 32952
Multi-tenant retail center with service, food and beverage, and storefront users at a signalized intersection.
Property Size26,900 SF
Lot Size2.55 Acres
Days on Market144
Property Features for 850 N Banana River Dr
General Information
Standard status
Active
Size
26,900 SF
Lot size
2.55 Acres
Property subtype
Retail
Zoning
BU-1
Occupancy
100%
Additional Details
Pylon Signage
Yes
Amenities
Covered Patio Walkway
Building Details
Tenancy
Multi
Listing Agency:
Curri Properties
Listed By:
Karen D'Alberto · License #3262751
(321) 622-3196
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 2:55PM
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 Curri Properties
Investment Insights
Based on property information with market context.
This seven-unit shopping center occupies 2.55 acres and contains 26,900 Total SF of retail and service-oriented space. The tenant mix includes retail shops, service storefronts, and food and beverage users, with the property currently fully leased. A covered patio walkway, pylon sign, and large asphalt parking area with light poles support the center’s operations. The roof was replaced in 2019.
Located at 850 N Banana River Dr in Merritt Island, the property provides 480 FT of road frontage at a signalized intersection. It is zoned BU-1, identified as a Neighborhood Business district. Several tenants have been in place for more than 20 years.
Located at 850 N Banana River Dr in Merritt Island, the property provides 480 FT of road frontage at a signalized intersection. It is zoned BU-1, identified as a Neighborhood Business district. Several tenants have been in place for more than 20 years.
Key Highlights
- 2.55 Acres with 26,900 Total SF across 7 Units
- Currently fully leased with retail, service, and food and beverage tenants
- 480 FT of road frontage at a signalized intersection
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
57
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Multi-tenant retail center with service, food and beverage, and storefront users at a signalized intersection.
Where is this shopping center located?
The property is located at 850 N Banana River Dr Merritt Island, FL.
What are key features of this property?
This property features: 2.55 Acres with 26,900 Total SF across 7 Units; Currently fully leased with retail, service, and food and beverage tenants; 480 FT of road frontage at a signalized intersection
