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The Shoppes Of Victoria Square 1450 N Courtenay Pky 8,700 - 20,065 SF of Retail Space Available in Merritt Island, FL 32953
Highlights
- Join Burlington, Ulta Beauty, and Five Below in one of Merritt Island's top-performing retail centers
- $8M+ in recent capital improvements - modern design, updated façade
- 77,655+ residents within 5 miles | Avg. HH income $112K | Wealth Index of 117
- 30,000+ vehicles per day | Signalized access | 400+ ft of N. Courtenay Pkwy frontage
- Second-generation junior anchor suites and freestanding outparcel available
- Minutes from Kennedy Space Center, SpaceX, Blue Origin, Port Canaveral & Patrick Space Force Base
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 22 | 11,365 SF | Negotiable | $21.00 /SF/YR $1.75 /SF/MO $226.04 /m²/YR $18.84 /m²/MO $19,889 /MO $238,665 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste 30 | 8,700 SF | Negotiable | $20.00 /SF/YR $1.67 /SF/MO $215.28 /m²/YR $17.94 /m²/MO $14,500 /MO $174,000 /YR | Triple Net (NNN) |
1450 N Courtenay Pky - 1st Floor - Ste 22
Available November 2028 | Second-generation junior anchor retail space available in a freshly renovated, nationally anchored shopping center in Merritt Island, FL. Open floor plan formerly occupied by an appliance and mattress retailer — ideal for fitness center, gym, furniture, off-price retail, pet supply, urgent care, or specialty retail. Co-anchored by Burlington, Ulta Beauty, and Five Below with strong daily traffic on Florida's Space Coast.
- Lease rate does not include utilities, property expenses or building services
1450 N Courtenay Pky - 1st Floor - Ste 30
Available September 2027 | Second-generation junior anchor retail space in a high-performing neighborhood shopping center in Merritt Island, FL. Open floor plan formerly used as a dance academy — ideal for fitness, yoga, martial arts, children's concepts, experiential retail, wellness, urgent care, etc. Anchored by Burlington, Ulta Beauty, and Five Below in a growing Space Coast trade area.
- Lease rate does not include utilities, property expenses or building services
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.
Property Facts
| Total Space Available | 20,065 SF | Frontage | |
| Center Type | Neighborhood Center | Gross Leasable Area | 108,975 SF |
| Parking | 381 Spaces | Total Land Area | 13.58 AC |
| Stores | 21 | Year Built | 1989 |
| Center Properties | 1 |
| Total Space Available | 20,065 SF |
| Center Type | Neighborhood Center |
| Parking | 381 Spaces |
| Stores | 21 |
| Center Properties | 1 |
| Frontage | |
| Gross Leasable Area | 108,975 SF |
| Total Land Area | 13.58 AC |
| Year Built | 1989 |
About the Property
Recently renovated and strategically positioned along Merritt Island's primary retail corridor, Shoppes of Victoria Square is a high-performing ±109,000 SF neighborhood retail center anchored by Burlington, Ulta Beauty, and Five Below. The property has undergone over $8 million in capital improvements, delivering a modernized asset with strong curb appeal, a versatile layout, and a proven national co-tenancy that drives consistent daily foot traffic. Available spaces include second-generation junior anchor suites and a freestanding outparcel - ideal for fitness, medical, off-price retail, specialty concepts, or QSR operators seeking a high-visibility retail location on Florida's Space Coast. Situated along N. Courtenay Parkway with traffic counts exceeding 30,000 vehicles per day and more than 400 feet of road frontage, the center benefits from a signalized intersection, multiple points of ingress and egress, and abundant surface parking. Located minutes from Kennedy Space Center, SpaceX, Blue Origin, Port Canaveral, and Patrick Space Force Base, Shoppes of Victoria Square serves a stable, high-income consumer base fueled by one of the nation's most active aerospace and defense employment corridors - with 77,655+ residents within 5 miles, an average household income of $112K, and a Wealth Index of 117.
- Air Conditioning
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
Nearby Major Retailers
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The Shoppes Of Victoria Square | 1450 N Courtenay Pky
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