About the Investment

• Heavily-Trafficked Area | The subject property benefits from its position on E Merritt Island Cswy, which brings over 43,000 vehicles daily. Nearby N Courtenay Pkwy brings another 42,000 vehicles to the immediate area daily.
• Bustling Retail Corridor with High Performing Tenants (data according to Placer.ai) | This El Car Wash is situated in a dense retail corridor with local and national tenants. There is a Publix and a Home Depot nearby that each place in the 82nd percentile in visits for their respective brands nationwide, and other tenants include a BJ's, Wawa, T.J. Maxx and more (data according to Placer.ai).
• Merritt Square Mall | The subject property is situated right near the entrance to the Merritt Square Mall, a shopping center with over 60 stores and an annual foot traffic of 2.6 million visitors (data according to Placer.ai).
• Densely Populated, Affluent Area | Within a 5-mile radius of the property, the population totals 89,000, with an annual growth rate of 1.8%, and an average household income of $90,000.
• John F. Kennedy Space Center | Merritt Island is home to NASA's John F. Kennedy Space Center which is one of NASA's ten field centers in the country, employing approximately 13,253 individuals, including NASA civil servants and contractors.
• Brand-New Construction | Slated for completion in 2025, the subject property will be in prime condition, showcasing modern branding, advanced machinery, and state-of-the-art technology.