1705 US Highway 1 - Convenience Store FOR SALE
Vero Beach, FL 32960 |
1705 US Highway 1
Vero Beach, FL 32960
HIGHLIGHTS
- Brand New 15 Year Lease | Scheduled Rental Increases | Well Known & Established Brand | Investment Grade (S&P: BBB)
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities | No State Income Tax
- Strong National/Credit Tenants | Palms at Vero Beach (259 Units) |Indian River Apartments (180 Units) | Dense Retail Corridor
- Signalized, Hard Corner Intersection | Excellent Visibility | U.S. State Highway 60 (23,600 VPD) | Heavily Traveled Trade Area
- Strong Demographics in 5-Mile Trade Area
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Walgreens | New 15yr Corp Abs NNN | S&P: BBB
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
ADD'L SUBTYPES
Drug Store, Freestanding
TOTAL BUILDING SIZE
17310
STORIES
1
YEAR BUILT
1996
SPRINKLERS
-
PARKING SPACES
73
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
33-39-01-00069-0000-00003.0
