Back to Search

Commercial Buildings Portfolio For Sale

1595 Old Dixie Hwy, Vero Beach, FL 32960

View on Map

For Sale

Contact for pricing

Four commercial buildings totaling 24,594 SF with long-term tenant.

Type:Mixed Use, Office, Retail

Property size:

24,594 SF

Price / SF:

$191/SF

HighLights

Sale‑Leaseback opportunity with a thriving health and wellness organization as the tenant.
Attractive 7.49% CAP Rate and NOI of $352,103.46.
Long‑term lease with an average expiration in February 2034 (8 years remaining) and 3% annual rental increases.
Four commercial buildings totaling 24,594 square feet.
All buildings purchased and renovated within the past 5 years, including interior renovations, plumbing/electrical upgrades, and recent roof/HVAC replacements.
Triple Net (NNN) lease structure with tenant responsible for interior repairs and maintenance.

We can help!

Contact an agent

Kevin Lambert

For Sale

Contact for pricing

Four commercial buildings totaling 24,594 SF with long-term tenant.

Type:Mixed Use, Office, Retail

Property size:

24,594 SF

Price / SF:

$191/SF

Added:: Feb 9, 2026
Days on Market:: 139
Last Refresh:: Mar 17 at 1:15 pm

Property Features for 1595 Old Dixie Hwy

General Information

Standard status: Active
Size: 24,594 SF
Property subtype: Mixed Use, Office, Retail

We can help!

Contact an agent

Kevin Lambert

Listing office Lambert Commercial Real Estate Inc

Listing date Feb 9, 2026

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 Lambert Commercial Real Estate Inc

HighLights

Sale‑Leaseback opportunity with a thriving health and wellness organization as the tenant.
Attractive 7.49% CAP Rate and NOI of $352,103.46.
Long‑term lease with an average expiration in February 2034 (8 years remaining) and 3% annual rental increases.
Four commercial buildings totaling 24,594 square feet.
All buildings purchased and renovated within the past 5 years, including interior renovations, plumbing/electrical upgrades, and recent roof/HVAC replacements.
Triple Net (NNN) lease structure with tenant responsible for interior repairs and maintenance.

Overview

This portfolio features four commercial buildings totaling 24,594 square feet. The properties have been purchased and renovated within the past 5 years, including fully interior renovations, plumbing and electrical upgrades, and recent roof HVAC replacements. The lease structure is triple net (NNN). The landlord is responsible for the roof, structure, and common area maintenance, with all operating expenses billed back to the tenant, including amortized capital improvements or repairs. The tenant is responsible for all interior repairs and maintenance, including HVAC. The average lease expiration is in February 2034, with 8 years remaining, and includes two 1-year renewal options with 3% increases. The current base rent is $352,103.46, with 3% annual rental increases. Current facility uses include mental health outpatient services, detox and residential impatient treatment, and PHP/IOP addiction and substance abuse programs.

Local Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$619.8k	$25.20
− Vacancy	−$65.1k	−$2.65
EGI	$554.7k	$22.55
− OpEx	−$221.9k	−$9.02
NOI	$332.8k	$13.53

24,594 SF · lease $25.20/SF/yr · vacancy 10.50% · expense 40.00%

Alternative Uses

Best Use

Healthcare Medical

$4.75M

$4.16M – $5.55M (±1% cap)

NOI $332,816 @ 7.0% cap · market cap 7.08%

Second Best

Mixed Use

$3.94M

$3.45M – $4.59M (±1% cap)

NOI $275,696 @ 7.0% cap · market cap 5.87%

Theoretical Best

Specialty Retail

$5.39M

$4.72M – $6.29M (±1% cap)

NOI $377,550 @ 7.0% cap · market cap 8.03%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

PUR Recovery Medical Clinic Hi-Tech Pools & Pavers General Contractor

Suggested Use

Location Insight

Map
Local Demand

City: Vero Beach
County: Indian River
State: Florida
Longitude: -80.3970679
Latitude: 27.631316

Nearby Similar for Sale

$2,200,000

4,000 SF

Showroom and Storage Warehouse

Features a large showroom, two bathrooms, extensive storage, and a large bay door suited to service and distribution needs.

415 US Highway 1, Vero Beach, FL 32962

View Details
$1,200,000

2,000 SF

Vero Beach Commercial Opportunity

Prime commercial property with high visibility and expansion potential.

725 12th Street, Vero Beach, FL 32960

View Details
$1,290,000

5,580 SF

Clear Span Industrial Warehouse

A clear span industrial warehouse with office space, well suited for service, contractor, and light industrial operations.

925 13th Lane, Vero Beach, FL

View Details
$1,500,000

7,500 SF

Vero Beach Flex Opportunity

7,500 SF flex building on one acre for sale.

820 35th Court SW, Vero Beach, FL 32968

View Details
$1,500,000

3,200 SF

Vero Beach Multi-Family Investment

Rare 4-unit property near Vero Beach's barrier island.

919 Turtle Cove Lane, Vero Beach, FL 32963

View Details
$385,000

728 SF

Vero Beach Multi-Use Property

Charming office building in the heart of Vero Beach.

1324 16th Street, Vero Beach, FL

View Details
$979,000

Updated Live-Work Office Home

Turnkey 2BR/2BA live-work or professional office space with natural light and 10-foot ceilings.

3509 Ocean Drive, Vero Beach, FL 32963

View Details
$725,000

Vero Beach Investment Opportunity

Prime location commercial building with lease income and expansion potential.

148 Vista Royale Square, Vero Beach, FL 32962

View Details
$694,999

1,504 SF

Vero Beach Income Property

Four-unit multifamily property in downtown Vero Beach with income potential.

1135 17th Place, Vero Beach, FL 32960

View Details
$1,650,000

Vero Beach Multifamily Investment Opportunity

Fully leased multifamily property with development potential in Vero Beach.

706-720-738 19th Street, Vero Beach, FL 32960

View Details
$415,000

1,910 SF

Updated Duplex in Vero Beach

Updated Vero Beach duplex, perfect for house hacking and investment.

1504 41st Avenue, Vero Beach, FL 32960

View Details
$2,199,000

8,802 SF

Iconic Office Building in Vero

Freestanding office building in downtown Vero Beach redevelopment district.

1708 21st St, Vero Beach, FL 32960

View Details

For sale
Mixed-use properties
FL
Vero Beach
32960
1595 Old Dixie Hwy

What type of property is this?

Mixed-use property - Four commercial buildings totaling 24,594 SF with long-term tenant.

Where is this mixed-use property located?

The property is located at 1595 Old Dixie Hwy Vero Beach, FL.

What is the asking price?

The asking price for this property is $4,700,000.

What are key features of this property?

This property features: Sale‑Leaseback opportunity with a thriving health and wellness organization as the tenant.; Attractive 7.49% CAP Rate and NOI of $352,103.46.; Long‑term lease with an average expiration in February 2034 (8 years remaining) and 3% annual rental increases.