125 Merritt Island Cswy Merritt Island, FL 32952

Property Details for 125 Merritt Island Cswy

Property size

91,938 SF

Property type

Power centers

Property subtype

Retail properties

Description

First Merritt Center offers exceptional retail opportunities in a thriving Brevard County location. This power center boasts 91,938 square feet of gross leasable area (GLA), with inline spaces ranging from approximately 700 to 4,200 square feet currently available for lease. The center enjoys prime visibility and accessibility, featuring seven convenient access points off the Merritt Island Causeway. Its strategic location benefits from a strong demographic profile, with a population of 39,892 and an average household income of $96,540 within a three-mile radius. Furthermore, the center's proximity to major employment centers and tourist attractions significantly enhances its appeal. A new, seven-story, 120-bed Merritt Island Hospital is under construction just 1.3 miles away, promising increased foot traffic and consumer spending. The center is also conveniently located 8.9 miles from Port Canaveral, a major cruise port attracting approximately 5 million visitors annually, and within close proximity to both the Cape Canaveral Space Force Station (15 miles, 15,000 employees) and the Kennedy Space Center (11.9 miles, 12,857 employees). This combination of factors creates a compelling investment opportunity for businesses seeking high visibility and a strong customer base in a rapidly growing area. The minimum divisible space is 700 square feet, with a maximum contiguous space of 5,000 square feet; currently, 5,700 square feet is vacant. This Publix-anchored center presents a unique chance to establish a presence in a dynamic and high-demand market.

Location Insight

City

Merritt Island

County

Brevard

State

Florida

Longitude

-80.699

Latitude

28.3558