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5125 20th St
Vero Beach, FL 32966
Vero Beach Square · Retail Property For Sale
Investment Highlights
- 100% Occupied Eastern Florida Strip Located on High Traffic Vero Retail Corridor
- The Property is Anchored By a Corporate Guaranteed Corner Drive-Thru Dunkin’, Jersey Mike’s Subs and Corporate Elite Hearing Centers of America
- 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
- All Tenants Have Aggressive Base Rental Increases and NNN Leases With Additional Admin Fees Collected on CAM
- 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
- Surrounding National Retailers Include Super Walmart, Sam’s Club, Home Depot, CVS, McDonald’s, Publix Supermarket, Target and Many More
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,926 SF
Building Class
B
Year Built
2019
Percent Leased
89%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.03
Lot Size
8.69 AC
Zoning
PD - Planned Development
Parking
116 Spaces (0 Spaces per 1,000 SF Leased)
Amenities
- Monument Signage
- Air Conditioning
Property Taxes
| Parcel Number | 33-39-04-00038-0000-00004.0 | Improvements Assessment | $943,611 |
| Land Assessment | $484,300 | Total Assessment | $1,427,911 |
Property Taxes
Parcel Number
33-39-04-00038-0000-00004.0
Land Assessment
$484,300
Improvements Assessment
$943,611
Total Assessment
$1,427,911
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