Merritt Island, FL Commercial Real Estate for Lease and Sale

Explore 27 listings of Merritt Island commercial real estate to find the best space for your business.

Holiday Plaza

262 E Merritt island Cswy, Merritt Island, FL
Property

Office

14,528 SF
Availability

2 Spaces

4,997 SF
Year Built

1973
For Lease

$15.00 - $20.00/SF/YR
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255 Fortenberry Road

255 Fortenberry Road, Merritt Island, FL
Property

Office

5,500 SF
For Sale

$975,000
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Financial Center at Merritt Square

775 East Merritt Island Cswy, Merritt Island, FL
Property

Office

37,176 SF
Availability

2 Spaces

7,174 SF
Year Built

1988
For Lease

$18.00 - $20.00/SF/YR
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Sykes Creek Professional Center

255 N Sykes Creek Parkway, Merritt Island, FL
Property

Office

36,239 SF
Availability

1 Space

19,000 SF
Year Built

1978
For Lease

$15.00/SF/YR
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Office Retail Industrial

Office Retail Land
3265 N Courtenay Parkway

3265 N Courtenay Pkwy, Merritt Island, FL
Property

VacantLand
Availability

1 Space

130,680 SF
For Lease

$5,000.00/MO
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Centre of Merritt

1850 North Courtenay Pkwy, Merritt Island, FL
Property

Retail

67,274 SF
Availability

1 Space

1,200 SF
Year Built

2003
For Lease

$25.00/SF/YR
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700± SF - 4,200± SF of inline space available for lease at Publix-anchored center

125 E Merritt Island Cswy, Merritt Island, FL
Property

Retail
Availability

1 Space

4,200 SF
For Lease Contact for pricing
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Watson Plaza

131-141 S. Courtenay Parkway, Merritt Island, FL
Property

Retail

6,670 SF
Availability

1 Space

1,112 SF
For Lease

$25.00/SF/YR
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255 Fortenberry Road

255 Fortenberry Road, Merritt Island, FL
Property

Office

5,500 SF
Availability

1 Space

5,500 SF
For Lease

$18.00/SF/YR
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Home Depot Plaza

85 - 240 E Merritt Avenue, Merritt Island, FL
Property

Retail

97,500 SF
Availability

3 Spaces

9,545 SF
For Lease Contact for pricing
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Merritt Crossings

201 Crockett Blvd, Merritt Island, FL
Property

Retail

92,741 SF
Availability

4 Spaces

6,148 SF
Year Built

1983
For Lease

$17.00 - $20.00/SF/YR
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595 N Courtenay Pkwy

595 N Courtenay Pkwy, Merritt Island, FL
Property

Office

20,790 SF
Availability

2 Spaces

5,040 SF
Year Built

1983
For Lease

$13.00/SF/YR
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Merritt Square Mall

777 East Merritt Island Cswy, Merritt Island, FL
Property

Retail

475,560 SF
Availability

31 Spaces

47,182 SF
Year Built

1970
For Lease Contact for pricing
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Shoppes of Victoria Square

1450 North Courtenay Pkwy, Merritt Island, FL
Property

Retail

110,547 SF
Availability

6 Spaces

36,764 SF
Year Built

1988
For Lease Contact for pricing
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Merritt Island Pad Ready Site

6205 North Courtenay Parkway, Merritt Island, FL
Property

VacantLand
For Sale

$582,000
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Retail Space Merritt Island

925 N Courtenay Parkway, Merritt Island, Merritt Island`, FL
Property

Office

17,258 SF
Availability

2 Spaces

1,418 SF
Year Built

1997
For Lease

$17.00 - $25.00/SF/YR
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585 N Courtenay Pkwy

585 N Courtenay Pkwy, Merritt Island, FL
Property

Office

7,800 SF
Availability

3 Spaces

3,900 SF
For Lease

$15.00/SF/YR
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650 S Courtenay Pkwy

650 S Courtenay Pkwy, Merritt Island, FL
Property

Office

17,752 SF
Availability

2 Spaces

4,034 SF
Year Built

1984
For Lease

$15.00/SF/YR
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300 Fortenberry Medical Offices

300 Fortenberry Rd, Merritt Island, FL
Property

Office

3,344 SF
Availability

1 Space

1,500 SF
Year Built

1984
For Lease

$12.00/SF/YR
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685 N Courtenay Pkwy

685 N Courtenay Pkwy, Merritt Island, FL
Property

Retail

8,356 SF
Availability

1 Space

8,356 SF
Year Built

1966
For Lease

$12.00/SF/YR
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2nd Generation Restaurant - Merritt Crossing

201 Crockett Boulevard, Merritt Island, FL
Property

Retail

1,341 SF
Availability

1 Space

1,341 SF
For Lease

$20.00/SF/YR
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3390 North Courtenay Pkwy

3390 North Courtenay Pkwy, Merritt Island, FL
Property

Industrial

16,300 SF
Availability

2 Spaces

5,300 SF
Year Built

1991
For Lease

$18.00 - $20.00/SF/YR
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Village Shops of Merritt Island

2137 N Courtenay Pkwy, Merritt Island, FL
Property

Retail

14,144 SF
Availability

3 Spaces

2,387 SF
Year Built

1977
For Lease

$16.00/SF/YR
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1800 -1850 E Merritt Island Causeway

1800 -1850 E Merritt Island Causeway, Merritt Island, FL
Property

Retail

66,735 SF
For Sale

$8,500,000
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Merritt Island Land

Courtenay Parkway & Kings Way, Merritt Island, FL
Property

VacantLand

6.3 Acre
Availability

1 Space

6.3 Acre
For Lease Contact for pricing
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Merritt Island Land

Courtenay Parkway & Kings Way, Merritt Island, FL
Property

VacantLand

6.3 Acre
For Sale Contact for pricing
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Emerald Plaza

925 North Courtenay Pkwy, Merritt Island, FL
Property

Retail

32,177 SF
Availability

1 Space

600 SF
Year Built

1997
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Merritt Island commercial real estate market incorporates 165,887 square feet of office space across 10 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Merritt Island commercial real estate market includes 973,045 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Merritt Island market, there is a total of 16,300 square feet of industrial property.

The listing inventory in Merritt Island incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Merritt Island is represented by Retail space, which accounts for 120,035 square feet of available listings. Office space available in Merritt Island adds up to 52,563 square feet.

Meanwhile, most of the listings of commercial property for sale in Merritt Island are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Merritt Island is $16.95 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Merritt Island can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Merritt Island, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $20 per square foot. In particular, the property type commanding the highest lease rates in Merritt Island was Retail space.

The average size of a commercial property in Merritt Island depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Merritt Island, the average size of an office property is 16,589 square feet.
Retail properties here incorporate an average of 88,459 square feet.
Industrial space in Merritt Island is in buildings that are, on average 16,300 square feet in size.

Merritt Island, FL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Merritt Island currently add up to 587,963 square feet. The market offers 10 active office listing(s), which amount to 57,520 square feet and account for 40% of commercial spaces on the market. Local retail availability includes 120,035 square feet across 12 retail space(s). Industrial space for rent opportunities in Merritt Island amount to 5,300 square feet across a total of 1 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	10	57,520
Retail	12	120,035
Industrial	1	5,300
Other	2	405,108

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Merritt Island, FL. Currently, there is 72,261 square feet of commercial property for sale here , which includes 1 office building(s) for sale , 1 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Office	1	5,500
Retail	1	66,735
Other	3	26

Merritt Island, FL Commercial Real Estate for Lease and Sale

What type of listing property are you looking for?

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Merritt Island, FL?

What factors affect the price of commercial real estate in Merritt Island, FL?

What is the average rent for commercial space in Merritt Island, FL?

What are the best areas for commercial real estate in Merritt Island, FL?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Merritt Island, FL?

Merritt Island, FL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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