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1676 US-1 Hwy
Sebastian, FL 32958
New 10-Yr. Verizon Wireless · Retail Property For Sale
Investment Highlights
- 10-Year NNN Lease with Minimal Landlord Responsibilities
- Corporate Guaranty from Cellular Sales of Knoxville
- Expanding Tenant, Expected to Grow to 1,500 Stores by 2025
- Rent Increases Every 5 Years
- 2nd Largest Verizon Wireless Authorized Retailer with 750+ Locations and Over $2 Billion in Revenue (2018)
- Brand New 2020 Construction with Upgraded Design
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,400 SF
Building Class
B
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.11 AC
Zoning
CR
Parking
18 Spaces (7.5 Spaces per 1,000 SF Leased)
Frontage
276’ on US Highway 1
About 1676 US-1 HWY , SEBASTIAN, FL 32958
• Excellent Access and Visibility Along US 1 with 25,500 Cars/Day • High Growth Market with 72,533 Residents in Primary Trade Area • Population Projected to Increase 22% (2010 – 2024) • Dense Retail Corridor with 24-Hr. Walmart Supercenter, Home Depot, Publix, McDonald’s, Burger King and Taco Bell • Several Commercial and Residential Developments Underway
Property Taxes
| Parcel Number | 30-38-21-00001-9999-00021.0 | Improvements Assessment | $228,319 |
| Land Assessment | $361,284 | Total Assessment | $589,603 |
Property Taxes
Parcel Number
30-38-21-00001-9999-00021.0
Land Assessment
$361,284
Improvements Assessment
$228,319
Total Assessment
$589,603
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