Absolute NNN Bank
For Sale
Contact for pricing
2231 Indian River Blvd, Vero Beach, FL 32960
Single-tenant Truist bank property offered with an absolute triple-net lease in place.
Property Size4,088 SF
Lot Size0.81 Acres
Days on Market122
Property Features for 2231 Indian River Blvd
General Information
Standard status
Active
Size
4,088 SF
Lot size
0.81 Acres
Property subtype
Retail
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 3:05PM
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 SURMOUNT
Investment Insights
Based on property information with market context.
NNN Pro Group is pleased to present an absolute triple-net bank property leased to Truist. The offering includes approximately 4,088 rentable square feet within a single-tenant building on an estimated 0.81-acre parcel. The lease is structured as a 22-year absolute NNN term that commenced December 10, 2007.
This location is at 2231 Indian River Boulevard in Vero Beach, FL. The current annual rent is $252,117, scheduled to increase by 1.5% annually throughout the base term and each renewal option.
The property is being sold with the lease in effect, and the seller has noted the price is based on the January 1, 2024 rent increase.
This location is at 2231 Indian River Boulevard in Vero Beach, FL. The current annual rent is $252,117, scheduled to increase by 1.5% annually throughout the base term and each renewal option.
The property is being sold with the lease in effect, and the seller has noted the price is based on the January 1, 2024 rent increase.
Key Highlights
- Single‑tenant Truist bank at 2231 Indian River Boulevard, Vero Beach, FL
- Approximately 4,088 rentable SF on an estimated 0.81‑acre parcel
- Absolute triple‑net (NNN) lease with 22‑year term that commenced December 10, 2007
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,398
Businesses Nearby
270k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 33%
Dining 26%
Shops & Services 19%
Apparel 16%
Publix
Groceries
45,919 visits/mo
0.1 miles
T.J. Maxx
Apparel
38,375 visits/mo
0.1 miles
The Fresh Market
Groceries
29,274 visits/mo
0.1 miles
Panera Bread
Dining
17,167 visits/mo
0.1 miles
Dollar Tree
Shops & Services
17,019 visits/mo
0.3 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
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Frequently Asked Questions
What type of property is this?
Bank - Single-tenant Truist bank property offered with an absolute triple-net lease in place.
Where is this bank located?
The property is located at 2231 Indian River Blvd Vero Beach, FL.
What are key features of this property?
This property features: Single‑tenant Truist bank at 2231 Indian River Boulevard, Vero Beach, FL; Approximately 4,088 rentable SF on an estimated 0.81‑acre parcel; Absolute triple‑net (NNN) lease with 22‑year term that commenced December 10, 2007
