PALM PLAZA — Sale in Vero Beach, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Vero Beach, FL 32960

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Description

7,800 SF Premier Retail Strip Center with 4,000 SF Storage/Warehouse Building Behind Investment Highlights: • Two Buildings Totaling 11,800 Rentable SF Situated on Large 1.5 Acre Parcel • Ideal Owner/User Opportunity | 6,300 SF of Recently Vacated Retail Space Available for Occupancy in a Tight Submarket • In-Place Cashflow from One Retail Tenant and the Storage/Warehouse Building to Offset Carry Costs in Meantime (See Agent for Financial Info) • Direct Frontage, Access & Monument Signate on 16th Street (13,100 AADT) | One Mile East of the Subject Property 16th Street Becomes the Alma Lee Loy Bridge, Providing Immediate Access to the Beach • Average Market Retail Rents Pushing $22/SF NNN in Immediate Area • National Retails in the Immediate Area Include Walmart Neighborhood Market, Publix, Chick-fil-A, The Fresh Market, McDonald's, Ulta Beauty & More… • 5-Mile Demographics: 98,000 Population & $97,000 Average Household Income

Market Context

This retail in Vero Beach, FL is listed for sale. Compare it against other retail listings for sale in Vero Beach, FL — view the full market.

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