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Multi-Tenant Retail and Flex Center
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1335 US-1, Vero Beach, FL 32960

Three-building retail, restaurant, and flex center with US Highway 1 frontage and general commercial zoning.

Property Size32,000 SF
Lot Size3.82 Acres
Days on Market125

Property Features for 1335 US-1

General Information

Standard status Active
Size 32,000 SF
Lot size 3.82 Acres
Property subtype Retail
Zoning CG
Occupancy 100%

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Cap Rate 6.71%

Building Details

Tenancy Multi
Listing Agency: Lambert Commercial Real Estate Inc
Listed By: David Stephens · License #BK 3464341
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 3:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lambert Commercial Real Estate Inc

Investment Insights

Based on property information with market context.

This value-add multi-tenant center includes a mix of retail/restaurant and flex space tenants across three buildings totaling 32,000 SF. The property is described as 100% occupied with a strong rental history. Site-wide lot area is 3.82 acres with 171 feet of frontage on US Highway 1 and 1,271.21 feet of depth. Buildings are identified with year built ranges spanning 1935, 1355, 1375, and 2005–2007, and the property is served by county water and sewer plus FPL.

The center is located in Vero Beach with US Highway 1 frontage and access. The offering highlights neighboring national tenants including Publix, Planet Fitness, Carrabba’s, Starbucks, and Chase Bank.

Zoning is listed as (CG) General Commercial. The seller’s materials indicate an opportunity to restructure gross leases to NNN.

Key Highlights

  • Three‑building retail/restaurant/flex center on 3.82 acres with 171 ft of frontage on US Hwy 1 and 1,271.21 ft depth
  • 3 buildings totaling 32,000 SF with a value‑add multi‑tenant mix of retail/restaurant and flex tenants
  • 100% occupied with a strong rental history and neighboring national tenants including Publix, Planet Fitness, Carrabba’s, Starbucks, and Chase Bank

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Grocery & Convenience Store Daycare Center Garden Center Food Market (Bike/Boat/Book/etc) Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,551
Businesses Nearby
Well-served
Demand for This Use

Demographics for 32960, FL

21,522
Population
11,590
Households
1.9
Avg Household Size
48
Median Age
25%
College-Educated
90%
High-School Grad
11.1 sq mi
ZIP Area
1,939
Density / Sq Mi
$52,350
Median Household Income
$30,236
Median Earnings
$1,171
Median Rent
$254,400
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Three-building retail, restaurant, and flex center with US Highway 1 frontage and general commercial zoning.
Where is this shopping center located?
The property is located at 1335 US-1 Vero Beach, FL.
What are key features of this property?
This property features: Three‑building retail/restaurant/flex center on 3.82 acres with 171 ft of frontage on US Hwy 1 and 1,271.21 ft depth; 3 buildings totaling 32,000 SF with a value‑add multi‑tenant mix of retail/restaurant and flex tenants; 100% occupied with a strong rental history and neighboring national tenants including Publix, Planet Fitness, Carrabba’s, Starbucks, and Chase Bank
(772) 778-2334 Call to check price and availability
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