Perrone Center 2 Retail Properties Offered at $3,749,900 in Merritt Island, FL
INVESTMENT HIGHLIGHTS
- Well Constructed Attractive Building
EXECUTIVE SUMMARY
This listing is for a total of 16,200 SqFt sitting on 1.36 acres right on SR520. The front building is a 8460 sq ft single tenant showroom and the building in the rear features 7740 sq ft broken up into (5) tenant / shops. Both buildings have been renovated and freshly landscaped and sit right on SR 520 in the Heart of Merritt Island businesses with amazing exposure with over 35,000+ cars daily.
Former Mitsubishi Car Dealership with 8000+ sq ft Showroom located on SR 520 in the middle of 10+ National Brands.
Former Mitsubishi Car Dealership with 8000+ sq ft Showroom located on SR 520 in the middle of 10+ National Brands.
PROPERTY FACTS
| Price | $3,749,900 |
| Price / SF | $222.60 / SF |
| Cap Rate | 6.61% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 16,846 SF |
| Total Land Area | 3.59 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Perrone / VIP Auto Center
234 E Merritt Island Cswy, Merritt Island, FL 32952 |
Retail | 8,746 SF | 1956 | - |
|
Perrone Retail Center
230 E Merritt Island Cswy, Merritt Island, FL 32952 |
Retail | 8,100 SF | 1986 | - |
