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Off Market
1/6

1185 Old Dixie Hwy
Vero Beach, FL 32960


HIGHLIGHTS

  • Over 7,000 Square Feet of Retail with Four Units of Multi-Family Commercial Real Estate
  • Located at Signalized Intersection of 12th Street and Old Dixie Highway, with a Combined Traffic Count of 25,000 Vehicles Per Day
  • Below Market Rents
  • Historically Low Vacancy
  • One of the Main East-West Thoroughfares in Vero Beach
  • Surrounding National Retailers Include Publix, Walmart Neighborhood Market, Planet Fitness, KMart, Staples, Family Dollar and Many More

OVERVIEW

Marcus & Millichap is pleased to present the opportunity to acquire Shoppes on Old Dixie, a multi-tenant retail and multi-family building located in beautiful Vero Beach, Florida. The subject property is more than 9,000 square feet of space on a 0.68 acres of land with multiple points of ingress and egress in the front and rear. The property is also located at a signalized intersection with more than 25,000 vehicles per day. The subject property has below market rents with historically low vacancy. Its located on one of the main east-west thoroughfares in Vero Beach. Surrounding national retailers include Publix, Walmart Neighborhood Market, Planet Fitness, KMart, Staples, Family Dollar, Advance Auto Parts, OReilly Auto Parts, Carrabbas Italian Grill, Arbys, Popeyes, Starbucks and many more. The subject property is one mile from Vero Beach High School and the Intercoastal, and three miles from Vero Beach Regional Airport and the Atlantic Ocean.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Shoppes on Old Dixie

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

11660

STORIES

1

YEAR BUILT

1970

SPRINKLERS

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PARKING SPACES

24

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

33-39-12-00009-0000-00009.0