250 N Courtenay Parkway
250 N. Courtenay Parkway, Merritt Island, Florida 32953
Sold: $1,325,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
12,061 sqft
Land Size
0.64 acres
Zoning
BU1
Year Built
1964
Roof
Membrane
Parking
59 Spaces
Construction
Concrete Block
Property Description
- 14,057 SF Medical Office Building
- $89,784 Current Annual NOI Excludes 2nd Floor
- 6% Cap Rate Excludes 2nd Floor
- NNN Lease 1st Floor
Located on busy North Courtenay Parkway adjacent to and facing Home Depot anchored shopping Center. This three tenant Freestanding Office Building has excellent exposure along major access road into the Kennedy Space Center. Less than 1/4 mile north of the Merritt Island Causeway which connects Cocoa Beach and Merritt Island to the mainland and Interstate 95. Brevard Eye Center triple net lease expires July 31, 2023. Excellent Medical/retail/office location. The area supports Home Depot, Ross, Carrabba’s, Olive Garden, Red Lobster, T J Maxx, and a Publix Super Market.