148 Vista Royale Blvd, Vero Beach, FL 32962
Office space available in Vero Beach, Florida, totaling 4,236 SqFt.
- Added:
- Jan 19, 2024
- Days on Market:
- 873
- Last Refresh:
- May 12 at 9:16 pm
Property Features for 148 Vista Royale Blvd
General Information
- Standard status
- Active
- Size
- 4,236 SF
- Property subtype
- Office
Building Details
- Year Built
- 1989
Listing agent Jim Read License #FL BK448938
Listing office KW Commercial Jupiter
Listing date Jan 19, 2024
Source Crexi
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 KW Commercial Jupiter
HighLights
- Office Space available
- 4,236 SqFt of space
- Built in 1989
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $73.7k | $17.40 |
| − Vacancy | −$13.3k | −$3.13 |
| EGI | $60.4k | $14.27 |
| − OpEx | −$15.1k | −$3.57 |
| NOI | $45.3k | $10.70 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Vero Beach
- County
- Indian River
- State
- Florida
- Longitude
- -80.3765607
- Latitude
- 27.5987924
