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1550 US Highway 1
Vero Beach, FL 32960
Verizon Wireless · Retail Property For Sale

Investment Highlights

  • 10-Year NNN Lease with Minimal Landlord Responsibilities
  • Expanding Tenant, Expected to Grow to 1,500 Stores by 2025
  • 2nd Largest Verizon Wireless Authorized Retailer with 780+ Locations and Over $2 Billion in Revenue (2018)
  • Corporate Guaranty from Cellular Sales of Knoxville
  • Rent Increases Every 5 Years During Base Term and Options
  • Brand New 2020 Construction with Upgraded Design

Property Facts

Property Type
Retail
Property Subtype
Storefront
Building Size
2,258 SF
Building Class
C
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.47 AC
Zoning
CG
Parking
15 Spaces (0 Spaces per 1,000 SF Leased)

Property Taxes

Property Taxes

Parcel Number
33-39-12-00010-0020-00012.0
Land Assessment
$175,381
Improvements Assessment
$221,246
Total Assessment
$396,627
  • Listing ID: 21813200

  • Date on Market: 12/21/2020

  • Last Updated:

  • Address: 1550 US Highway 1, Vero Beach, FL 32960

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