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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

795 Merritt Island Cswy Merritt Island, FL 32952

Property ID
Property summary
AI-generated overview

This exceptional 6,250 square foot freestanding restaurant building presents a unique opportunity for a discerning operator. Previously occupied by a Bonefish Grill, this single-tenant property boasts a prime location within the thriving Merritt Square Mall outparcel in Brevard County. Situated on State Road 520, this highly visible location enjoys exceptional traffic counts and benefits from its proximity to major retailers including Cobb Theatres, Dillard's, JCPenney, Macy's, and Ollie's. The property's strategic placement offers easy access to Interstate 95, just three miles away, and is only a short distance from the bustling Port Canaveral, a significant draw for millions of annual visitors (1.6 million annually). This established location provides immediate brand recognition and a built-in customer base, making it an ideal opportunity for a restaurant concept seeking high visibility and convenient access for its patrons. The property's size and layout are well-suited for a variety of restaurant concepts, offering ample space for dining, kitchen operations, and support areas. This is a rare opportunity to acquire a turn-key restaurant space in a high-traffic, high-visibility location within a successful retail center. The property's strong location and established infrastructure make it an attractive investment for experienced restaurant operators. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail properties & Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • First Watch Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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