795 Merritt Island Cswy Merritt Island, FL 32952
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.
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First Watch Restaurant
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
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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.