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275 18th St
Vero Beach, FL 32960
SINGLE TENANT MEDICAL INVESTMENT · Office Property For Sale
PROPERTY FACTS
ABOUT 275 18TH ST , VERO BEACH, FL 32960
SINGLE TENANT MEDICAL INVESTMENT 275 18th Street, Vero Beach, FL 32960 PROPERTY SUMMARY - New 5-yr, Modified NNN Lease - July 1st, 2018. - Minimal landlord responsibilities limited to building structure, roof, and parking lot. - Central Location within 2-miles of Airport, Hospital, Downtown, and Beach - Tenant in place for 16 years! PROPERTY: 1.96 Acres, with approximately 326 ft. of frontage on 18th St and 225 ft. depth. BUILDING: 10,000 square feet between 3 units: 6,500 square foot Surgery Center 2,000 square foot Dr.’s Office 1,500 square foot Dr.’s Office ZONING: POI - Professional Office or Institution YEAR BUILT: 2002 R.E. TAXES: $26,510.74 (2017) OCCUPANCY: 100% CAP RATE: 7.02% NOI: $200,100 (no management fees) SALE PRICE: $2,850,000
PROPERTY TAXES
| Parcel Number | 33-40-06-00000-0040-00001.0 | Improvements Assessment | $1,235,342 |
| Land Assessment | $435,428 | Total Assessment | $1,670,770 |
PROPERTY TAXES
