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    715 Courtenay Pkwy Merritt Island, FL 32953

    Sponsored
    For Lease
    $18 SF/Yr

    Prime Retail Space, Multiple Units Available

    Lot size:
    64,132 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Merritt Island Square, located at 715-785 N Courtenay Pkwy, Merritt Island, FL 32953, offers exceptional retail opportunities in Brevard County. This established center boasts a total of 64,132 square feet of commercial space, with multiple tenancies available. Currently, there are 20,662 square feet of vacant space ready for immediate occupancy. The property is ideal for a variety of businesses, including but not limited to commercial, retail, stores, clinics, spas, and salons. Flexible space options cater to diverse needs, with a minimum divisible space of 1,850 square feet and a maximum contiguous space of 10,312 square feet. The property's strategic location on N Courtenay Pkwy provides excellent visibility and accessibility for customers. This is a fantastic chance to establish or expand your business in a thriving Merritt Island community. The property's versatile layout and ample square footage make it an attractive investment for entrepreneurs seeking a prominent presence in a high-traffic area. Contact us today to learn more about the available spaces and lease terms. Don't miss this opportunity to secure your ideal retail location in Merritt Island Square.

    Property Features for 715 Courtenay Pkwy

    General Information

    Property type
    Medical space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    64,132 SF
    Total Rate
    96198

    Unit(s) available at that property

    Space
    Suite 745
    Size
    10,312 SF
    Rate per SF
    $22
    Space
    Suite 765
    Size
    4,000 SF
    Rate per SF
    $22
    Space
    Suite 771
    Size
    4,500 SF
    Rate per SF
    $22
    Space
    723 A - 725B
    Size
    1,850 SF
    Rate per SF
    $22

    HighLights

    • Strong tenant mix including Dollar Tree, CosmoProf, and Sally Beauty, plus local restaurants.
    • Outparcels available for lease.
    • High visibility location with prime frontage on N Courtenay Parkway, Merritt Island.
    • Excellent location between SR 528 (63,089 AADT).
    • Planned landlord‑led renovations and revitalization; see offering memorandum for renderings.
    • N Courtenay Parkway boasts 27,000 cars per day.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical space

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Merritt Island
    County
    Brevard
    State
    Florida
    Longitude
    -80.7012626
    Latitude
    28.3689679

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    FAQs

    What type of property is this?
    Medical space - Prime Retail Space, Multiple Units Available
    Where is this medical space located?
    The property is located at 715 Courtenay Pkwy Merritt Island, FL.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: Strong tenant mix including Dollar Tree, CosmoProf, and Sally Beauty, plus local restaurants.; Outparcels available for lease.; High visibility location with prime frontage on N Courtenay Parkway, Merritt Island.
    Request Owner's contact information
    715 Courtenay Pkwy Merritt Island, FL 32953
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    Merritt Island, FL 32953
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    715 Courtenay Pkwy Merritt Island, FL 32953
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