This Retail Property is no longer advertised on LoopNet.com.

1587 N Courtenay Pky
Merritt Island, FL 32953
Walgreens · Retail Property For Sale

Investment Highlights

  • Walgreens has a 30+ year operating history and is signing a new, 15-year absolute NNN lease with 5% rent increases
  • Extremely well-performing store with $3.2 million in sales volume.
  • Hard corner location at the intersection of Courtenay Parkway and Crockett Blvd, with traffic counts in excess of 38,500 vehicles per day.
  • Over 77,000 residents in a 5 mile radius and incomes exceeding $93,000 in a 1-mile radius.

Property Facts

Property Type
Retail
Property Subtype
Drug Store
Building Size
11,978 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
1.10 AC
Zoning
BU-1
Frontage
362’ on COURTENAY

Amenities

  • Pylon Sign
  • Signage

Property Taxes

Property Taxes

Parcel Number
24-36-23-BX-00000.0-0007.02
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,351,430
  • Listing ID: 29866610

  • Date on Market: 10/24/2023

  • Last Updated:

  • Address: 1587 N Courtenay Pky, Merritt Island, FL 32953

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