5900 20th St
Vero Beach, FL 32966
Indian River Square - Newly Priced · Retail Property For Sale

Location Positioned along Florida’s Treasure Coast, Indian River County covers an area of 543 square miles. Situated roughly 190 miles south of Jacksonville and 135 miles north of Miami, the county boasts 26 miles of beaches along the Atlantic Coastline, orange and grapefruit groves, oceanfront estates and riverfront communities. Florida’s 7th-richest county, Indian River County includes the Sebastian-Vero Beach, FL MSA with Sebastian as its largest city and Vero Beach serving as the county seat. Indian River Square is well-situated between two major anchors with regional consumer draws. Target, abutting and contiguous to the Property on its east side, has been at the location since 1995. Lowe’s, situated on the west side of the Property and sharing cross-access between parking fields, has a loyal base of customers in Vero Beach dating back to 1996. The flow of consumer traffic between Target, Indian River Square and Indian River Commons (Lowe’s, Best Buy, Bed Bath & Beyond, Ross) creates a convenient, one-stop critical mass shopping experience for community shoppers. The Property is strategically-positioned at one of Vero Beach’s most highly-trafficked intersections. A six-lane commuter road connecting the downtown area and US-1 with I-95 and the Turnpike, FL-60 serves as the area’s busiest east-west traffic and retail corridor with 34,500 VPD. An additional 20,000 VPD travel 58th Ave, which runs north and south, providing easy access to Vero Beach’s numerous neighborhoods and golf course communities. The intersection of these thoroughfares serves as ‘main and main’ for the Indian River Mall retail node with Sam’s Club, Walmart, The Home Depot, Publix, Target, Lowe’s, Marshalls, HomeGoods and more all situated at this crossroads.