5125 20th St - Freestanding FOR SALE
Vero Beach, FL 32966 |
$6,300,000 USD
786-338-5731
5125 20th St
Vero Beach, FL 32966
HIGHLIGHTS
- 100% Occupied Eastern Florida Strip Located on High Traffic Vero Retail Corridor
- All Tenants Have Aggressive Base Rental Increases and NNN Leases With Additional Admin Fees Collected on CAM
- The Property is Anchored By a Corporate Guaranteed Corner Drive-Thru Dunkin’, Jersey Mike’s Subs and Corporate Elite Hearing Centers of America
- Property Sits on 20th St (SR-60) which is the Main East-West Retail Corridor in Vero Beach w/ Access On and Off I-95 and Traffic Counts of 32,500 Cars
- The Center Sits on and Oversized Lot of Over 2 Acres With an Above Average Parking Ratio of 9.4 Spaces Per 1,000 Square Feet
- Surrounding National Retailers Include Super Walmart, Sam’s Club, Home Depot, CVS, McDonald’s, Publix Supermarket, Target and Many More
FOR SALE DETAILS
PRICE
$6,300,000 USD
PRICE/SF
$548 USD /SF
CAP RATE
6.28%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Vero Beach Square
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2019
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
8.69 AC
LAND SF
378,536 SF
ZONING
CL
APN/PARCEL ID
33-39-04-00038-0000-00004.0
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786-338-5731
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786-338-5731
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