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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.

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 -
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  • Listing ID: 14947788

  • Date on Market: 1/22/2019

  • Last Updated:

  • Address: Perrone Center, Merritt Island, FL

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