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Off Market
1/6

4105 US Highway 1
Vero Beach, FL 32967


HIGHLIGHTS

  • NOI - $209,186
  • Cap Rate is 8.05%
  • Hard Corner, 3 Road Frontages
  • Perfect Investment for EB-5 Visa
  • Annual Gas Sales - 1,000,000 Gallons
  • Convenience Store/Deli/Laundromat/Carwash/Arcade

OVERVIEW

This is an outstanding income property with multiple profit centers. The property attracts a loyal following of neighborhood residents who regularly patronize the delicatessen, convenience store, laundromat, gas pumps, and car wash. This highly visible location at a signalized intersection on busy US Highway 1 and 41st Street draws in passing motorists with three road frontages for easy ingress and egress. This well-maintained Property is a solid investment opportunity with upside potential through increased gas sales and sales growth in the other related businesses. The front building of 4,800 SF consists of a 3,840 SF convenience store, and 960 SF of retail space currently operating as an arcade. The 2,810 SF rear building houses a 990 SF laundromat and a 1,820 SF 3-bay detached car wash. The buildings were built in 2000 and sit on 1.47 acres. This income property opportunity is perfect for investors, owner operators, and EB-5 visa buyers. For investors seeking strong returns, this property has great potential. Financials and projected rate of return is available upon request.

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

Service Station/Convenience Store

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Convenience Store, Storefront

TOTAL BUILDING SIZE

7610

STORIES

1

YEAR BUILT

2000

SPRINKLERS

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PARKING SPACES

21

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

32-39-26-00007-0000-00017.0