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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

    Contact for pricing
    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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    See hot listings in Merritt Island

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    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.

    Retail Space with Flexible Layout
    Retail Space with Flexible Layout

    513 N Harbor City Boulevard, C, Melbourne, FL 32935

    Contact for pricing
    14,885 sqft

    Adaptable commercial space with storage areas, multiple entrances, customer parking, and a front patio along US 1.

    View details
    Absolute NNN-Leased Warehouse
    Absolute NNN-Leased Warehouse

    4130 Pine Tree Place, Cocoa, FL 32926

    Contact for pricing
    7,181 sqft

    Absolute NNN warehouse with a 10-year tenant lease and rent escalation starting in year six.

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    Airport Retail Center with Car Wash
    Airport Retail Center with Car Wash

    665 Babcock st & 660 S Apollo Blvd, Melbourne, FL 32901

    $3,500,000

    Two retail buildings support automotive service and rental-car operations under NNN lease structures.

    View details
    Pediatric NNN Property
    Pediatric NNN Property

    3750 Curtis Boulevard, Cocoa, FL 32927

    Contact for pricing
    5,000 sqft

    The property is associated with pediatric office use and includes a corporate guarantee and an 8% cap rate.

    View details

    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

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    Total CRE Inventory on Market (SF)

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    • 32953

    Featured Merritt Island Real Estate Agencies

    Realmo connects you with licensed Merritt Island CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Perrone Realty
    2460 N Courtenay Pkwy #102 Merritt Island, FL 32953
    Phone: (407) 733-0725
    www.goperrone.com
    Michelle Daignault-Ives
    215 N. Courtenay Pkwy. Merritt Island, FL 32953
    Phone: (321) 453-2151
    www.homeinthesun.com
    Anchor Real Estate & Property Management LLC
    2160 Capeview St Merritt Island, FL 32952
    Phone: (321) 278-9389
    www.AnchorREPM.com
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