780 Merritt Island Cswy Merritt Island, FL 32952
Sabal Pointe Plaza, located at 780 E Merritt Island Cswy, Merritt Island, FL 32952, presents a compelling investment opportunity in a thriving retail environment. This 82,163 square foot shopping center, built in 1996, features a multi-tenant configuration with a variety of storefront and strip center spaces. The property sits on an 8.83-acre lot and is zoned BU-2. Currently, there are 23,115 square feet of vacant space available, with minimum divisible units of 1,500 square feet and a maximum contiguous space of 8,472 square feet. The center benefits from a high-traffic location at the corner of E Merritt Island Causeway and Sykes Creek Parkway, providing excellent visibility and accessibility. Ample parking is available for customers and tenants. A key feature is a second-generation restaurant space ready for immediate occupancy, and an available restaurant outparcel. The property offers ideal signage opportunities for increased brand awareness. This established center boasts strong anchor tenants, making it an attractive option for businesses seeking a prime retail location in Brevard County, Florida.
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Michaels Custom Framing (Bike/Boat/Book/etc) Store Home Decor Store
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Supercuts Barber Shop
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Richard's Paint Hardware & Home Improvement Building Supply
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Nails By Tony Nail Salon
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Michaels (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.