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Sabal Pointe Plaza 780 E Merritt Island Cswy 3,614 - 12,086 SF of Retail Space Available in Merritt Island, FL 32952

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HIGHLIGHTS

  • Easy Access
  • Heavy Traffic
  • Ample Parking

SPACE AVAILABILITY (2)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor, Ste 3A
  • 8,472 SF
  • Negotiable
  • $14.00 /SF/YR $1.17 /SF/MO $118,608 /YR $9,884 /MO
  • Triple Net (NNN)
780 E Merritt Island Cswy - 1st Floor - Ste 3A
Space Use
Retail
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • 1st Floor, Ste Restaurant
  • 3,614 SF
  • Negotiable
  • $30.00 /SF/YR $2.50 /SF/MO $108,420 /YR $9,035 /MO
  • Triple Net (NNN)
780 E Merritt Island Cswy - 1st Floor - Ste Restaurant
Space Use
Retail
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • Space is an outparcel at this property
Space Size Term Rental Rate Rent Type
1st Floor, Ste 3A 8,472 SF Negotiable $14.00 /SF/YR $1.17 /SF/MO $118,608 /YR $9,884 /MO Triple Net (NNN)
1st Floor, Ste Restaurant 3,614 SF Negotiable $30.00 /SF/YR $2.50 /SF/MO $108,420 /YR $9,035 /MO Triple Net (NNN)

780 E Merritt Island Cswy - 1st Floor - Ste 3A

Size
8,472 SF
Term
Negotiable
Rental Rate
$14.00 /SF/YR $1.17 /SF/MO $118,608 /YR $9,884 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Availability
Now

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail

780 E Merritt Island Cswy - 1st Floor - Ste Restaurant

Size
3,614 SF
Term
Negotiable
Rental Rate
$30.00 /SF/YR $2.50 /SF/MO $108,420 /YR $9,035 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Availability
Now

  • Lease rate does not include utilities, property expenses or building services
  • Space is an outparcel at this property

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

SELECT TENANTS AT SABAL POINTE PLAZA

  • TENANT
  • DESCRIPTION
  • US LOCATIONS
  • REACH
  • Aldi
  • Salon/Barber/Spa
  • 3,811
  • International
  • Books A Million
  • Retailer
  • -
  • -
  • Michaels
  • Retailer
  • -
  • -
  • Sosa Dental & Medical
  • Retailer
  • -
  • -
  • Supercuts
  • Discount Grocer
  • 3,051
  • International
TENANT DESCRIPTION US LOCATIONS REACH
Aldi Salon/Barber/Spa 3,811 International
Books A Million Retailer - -
Michaels Retailer - -
Sosa Dental & Medical Retailer - -
Supercuts Discount Grocer 3,051 International

PROPERTY FACTS

Total Space Available 12,086 SF
Center Type Neighborhood Center
Parking 523 Spaces
Stores 10
Center Properties 4
Frontage Merritt Island
Gross Leasable Area 97,416 SF
Total Land Area 27.41 AC
Year Built 1996
Cross Streets Sykes Creek Pky

ABOUT THE PROPERTY

Exceptional shopping center with strong anchor tenants. High traffic location on the corner of E Merritt Island Cswy. and Sykes Creek Pkwy. Ideal property signage. Ample parking. Located on the main thoroughfare of Merritt Island SR520 Traffic Count: 25,000 AADT

NEARBY MAJOR RETAILERS

Jazzercise
Chase
Steak ‘n Shake
LongHorn Steakhouse
Chili's Grill & Bar
Outback Steakhouse
China Max
Truist
Five Guys
Workout Anytime
  • Listing ID: 18190533

  • Date on Market: 9/24/2020

  • Last Updated:

  • Address: 780 E Merritt Island Cswy, Merritt Island, FL 32952

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