1276 US Highway 1 - Freestanding FOR SALE


Vero Beach, FL 32960
$2,560,000 USD
772-539-1153
1276 US Highway 1, Vero Beach, FL for Sale
$2,560,000 USD
Freestanding - FOR SALE
1/4
null | 6.25% Cap Rate

1276 US Highway 1
Vero Beach, FL 32960


OVERVIEW

Vero Capital Group is pleased to present the opportunity to acquire a single tenant net leased RNR Tire Express located at 1276 US Highway 1 in Vero Beach, Florida. The existing building is being fully retrofitted and renovated for RNR, with an anticipated opening in June 2026. RNR Tire Express operates more than 200 locations nationwide and continues to expand across strong suburban markets. The property is positioned along US Highway 1, directly across from a Publix anchored shopping center, within one of Vero Beach’s primary retail and traffic corridors serving the city’s more densely populated residential base. National Tenant with 200+ Locations RNR Tire Express operates a large and growing national platform, providing investors with brand recognition and an established operating model in the automotive service sector. The company’s multi state footprint and continued expansion support long term viability and tenant stability. Renovated Building with June 2026 Opening The existing structure is being fully renovated to meet RNR’s specifications, delivering a refreshed asset positioned for long term tenancy. The retrofit allows the tenant to occupy a customized space without the risks typically associated with older, unrenovated improvements. Prime US Highway 1 Location The property sits on one of Vero Beach’s main north south corridors, providing strong visibility, access, and consistent daily traffic. US Highway 1 serves as a primary commercial spine for the market, connecting residential neighborhoods to the area’s core retail and service uses. Directly Across from Publix Anchored Center The site benefits from daily grocery traffic and established retail draw from a dominant shopping center directly across the street. This proximity drives steady consumer activity and reinforces the corridor as a destination for daily needs shopping. Dense Retail and Residential Corridor The property is positioned within one of Vero Beach’s most established commercial corridors, featuring a strong concentration of national retailers and daily needs businesses along US Highway 1. The surrounding area is supported by nearby residential neighborhoods, providing a steady customer base and consistent traffic throughout the day.

FOR SALE DETAILS

PRICE

$2,560,000 USD

PRICE/SF

$557 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

RNR Tire Express

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Repair, Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,295 SF

ZONING

CG

APN/PARCEL ID

33-39-12-00000-1000-00027.1

ASK ABOUT THIS PROPERTY

Charles MoodyVero Capital GroupMore Info
772-539-1153

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Charles MoodyVero Capital GroupMore Info
772-539-1153

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.