Freestanding Absolute NNN
For Sale
Contact for pricing
1814 Commerce Ave, Vero Beach, FL 32960
The site has fee simple ownership, a long remaining lease term, and scheduled annual rent increases.
Property Size3,586 SF
Days on Market153
Property Features for 1814 Commerce Ave
General Information
Standard status
Active
Size
3,586 SF
Class
A
Property subtype
Office
Building Details
Building Size
3,586 SF
Year Built
1984
Listing Agency:
(813) 755-4801
Listed By:
Jason Donald
Source:
Franklinst
Added: Apr 1
Changed: Aug 30
Last Checked: Aug 30 at 7:17AM
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 Jason Donald
Investment Insights
Based on property information with market context.
Located at 1814 Commerce Ave in Vero Beach, Florida, this freestanding property was built in 1984 and is occupied by Trulieve under an absolute NNN lease. The ownership is fee simple, and the offering is delivered unencumbered. Lease economics include a long remaining term and 2% annual rent escalations, with landlord responsibilities limited under the absolute NNN structure.
The property sits in a central commercial setting with 47,000+ residents within 3 miles and US-1 traffic of 22,240 VPD. It is near major retail, the airport, and community anchors. City policy permits only one dispensary, while new cannabis approvals are indefinitely paused, creating a defined regulatory environment for the existing use.
The property sits in a central commercial setting with 47,000+ residents within 3 miles and US-1 traffic of 22,240 VPD. It is near major retail, the airport, and community anchors. City policy permits only one dispensary, while new cannabis approvals are indefinitely paused, creating a defined regulatory environment for the existing use.
Key Highlights
- Absolute NNN lease structure with limited landlord responsibilities
- Trulieve occupancy at a freestanding property built in 1984
- 2% annual rent escalations and a long remaining lease term
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,565
Businesses Nearby
162k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 61%
Shops & Services 30%
Home Improvements & Furnishings 8%
Hotels & Casinos 1%
McDonald's
Dining
26,873 visits/mo
0.4 miles
SONIC Drive In
Dining
20,056 visits/mo
0.5 miles
Cumberland Farms
Shops & Services
17,532 visits/mo
0.5 miles
Tractor Supply Co.
Home Improvements & Furnishings
13,246 visits/mo
0.4 miles
IHOP
Dining
11,486 visits/mo
0.4 miles
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 Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - The site has fee simple ownership, a long remaining lease term, and scheduled annual rent increases.
Where is this nnn property located?
The property is located at 1814 Commerce Ave Vero Beach, FL.
What are key features of this property?
This property features: Absolute NNN lease structure with limited landlord responsibilities; Trulieve occupancy at a freestanding property built in 1984; 2% annual rent escalations and a long remaining lease term
