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Merritt Island, FL NNN Properties for Sale

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Triple-Net Shopping Center
Updated: Jul 21
Triple-Net Shopping Center

1450 N Courtenay Pkwy, Merritt Island, FL 32953

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108,975 sqft
98% leased triple‑net shopping center to national tenants
Recent $8M in capital improvements
Stable triple‑net leases designed for steady cash flow with minimal landlord responsibilities
Value‑add potential with several tenants currently below market rent
Two undeveloped outparcels included
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Merritt Island, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

New Starbucks with Drive-Thru
New Starbucks with Drive-Thru

1928 S Alafaya Trail, Orlando, FL 32828

$3,635,000
2,500 sqft

New Starbucks in Orlando with long-term lease and drive-thru.

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Orlando Ladybird Academy For Sale
Orlando Ladybird Academy For Sale

357 Avalon Park South Boulevard, Orlando, FL 32828

Contact for pricing
12,184 sqft

12,184 SF Orlando property 100% leased with NNN lease.

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Cancer Care Center Net-Lease
Cancer Care Center Net-Lease

1430 Pine Street, Melbourne, FL 32901

Contact for pricing
18,228 sqft 1.28 AC lot

Specialty cancer care facility built in 1993, offered for sale with a 15-year triple net lease.

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Melbourne Retail Investment Opportunity
Melbourne Retail Investment Opportunity

3555 W New Haven Ave, Melbourne, FL

Contact for pricing
25,531 sqft 3.43 AC lot

Retail property in a dynamic growth market with long-term lease.

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Merritt Island, FL Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Merritt Island, FL on our real estate platform. These investment opportunities span a total of 108,975 square feet of properties for sale.

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Demographics Overview

Population 46K
Population Growth (5Y) +2.9%
Median Household Income $90,907
College Educated 37.7%

Taxes & Financing

Tax Rate (average for all types) 1.03%
Property Tax per SF $25.97 per SF
Tax Rate vs County Average 0.32 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Brevard County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Brevard County

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