An NNN Capital Company
6.25%
Cap Rate
Absolute NNN
Lease Type
10+ Years
Term Remaining
$148,500
NOI
1,406 sqft
Bldg Size
0.53 Acres
Lot Size
2021
Year Built
$110,270
3 Mile HHI
36,385
3 Mile Pop
Landlord Responsibilities: None
Dedicated Light: Take 5 is situated on it's own lighted intersection along Merritt Island Causeway, which sees 36,000 AVPD.
Prime Retail Corridor: Take 5 is positioned between Publix, Home Depot, BJs, and Merritt Square mall within the primary retail corridor of Merritt Island, ensuring consistent retail traffic in front of the property.
Robust Development: Just ½ a mile east from Take 5 on Merritt Island Cswy sits Merritt Island Wellness Village, a 120-bed hospital development set for completion in mid-2027. Other retail developments along the corridor include a new Chipotle, Wawa, Christian Brothers, and El Car Wash within 2,000 ft of Take 5.
Deal Highlights
$2,375,000
Price
Price
$2,375,000
The Deal in 30 Seconds
Deal in 30 Seconds
Matthew Bronson
