6280 20th St - Freestanding FOR SALE


Vero Beach, FL 32966
$4,865,569 USD
6280 20th St, Vero Beach, FL for Sale
$4,865,569 USD
Freestanding - FOR SALE
1/3
null | 6.5% Cap Rate

6280 20th St
Vero Beach, FL 32966


OVERVIEW

» 100% occupied » Income tax free state » Starbucks & Verizon are investment grade – S&P: BBB+ » Located along 20th Street (32,500 VPD) » The Vitamin Shoppe extended their lease post-bankruptcy, demonstrating commitment » Indian River Mall outparcel (Regional Mall – AMC, Dillard’s, Lowe’s, Best Buy, Ross) » Neighboring retailers include Target, Walmart, The Home Depot, Marshalls, HomeGoods, Publix, & several others » Over 84,000 people live within a ?ve-mile radius » Six ?gure income - $100,646 average household income within three miles » Located across from Indian River State College Mueller Campus (3,000+ students)

FOR SALE DETAILS

PRICE

$4,865,569 USD

PRICE/SF

$540 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Grand Oaks II - Starbucks, Verizon, Vitamin S

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,705 SF

ZONING

CG

APN/PARCEL ID

33-39-05-00009-0000-00016.0

ASK ABOUT THIS PROPERTY

Randy BlanksteinThe Boulder GroupMore Info

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Randy BlanksteinThe Boulder GroupMore Info

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