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Corner Lot Retail Strip Center
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300 Old Dixie Hwy, Vero Beach, FL 32962

Multi-tenant strip center with major road frontage, monument signage, and block construction, currently housing six tenants.

Property Size5,011 SF
Days on Market133

Property Features for 300 Old Dixie Hwy

General Information

Standard status Active
Size 5,011 SF
Property subtype Retail, Office, Industrial, Mixed Use, Special Purpose

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Construction block construction
Tenancy Multi
Listing Agency: LOKATION
Listed By: Keith Brodsky · License #196036
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 8:17AM

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 LOKATION

Investment Insights

Based on property information with market context.

Island Plaza is a 5,011-square-foot, multi-tenant retail strip center built with quality block construction. The property is positioned on a corner lot and includes monument signage, supporting visibility for the individual tenant storefronts. Tenants are responsible for all repairs inside their units, and the remarks indicate there are no major repairs needed.

Island Plaza is located on Old Dixie Highway in the South East sub market of Vero Beach. The property is described as being close to thousands of homes and businesses, and the center is on a busy highway.

The center is currently occupied by six tenants servicing the surrounding area, providing an established retail mix within the strip configuration.

Key Highlights

  • Island Plaza is a 5,011 SF, multi‑tenant strip center located in Vero Beach’s South East sub market
  • 6‑tenant retail center on Old Dixie Highway with major road frontage and premium corner lot visibility
  • Monument signage and quality block construction

Property Analytics

Current Use

Deb Ankiel's Pottery ... Art Studio

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Restaurant Spa & Massage Center Hair Salon

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

512
Businesses Nearby
18k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 81% Dining 13% Electronics 6%
Dollar General Shops & Services
6,204 visits/mo 0.4 miles
Citgo Shops & Services
4,694 visits/mo 0.2 miles
SUBWAY Dining
2,282 visits/mo 0.5 miles
Public Storage Shops & Services
2,111 visits/mo 0.3 miles
Metro by T-Mobile Electronics
1,159 visits/mo 0.4 miles

Demographics for 32962, FL

26,011
Population
12,705
Households
2
Avg Household Size
49
Median Age
25%
College-Educated
90%
High-School Grad
12.5 sq mi
ZIP Area
2,081
Density / Sq Mi
$65,137
Median Household Income
$32,617
Median Earnings
$1,184
Median Rent
$247,700
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Multi-tenant strip center with major road frontage, monument signage, and block construction, currently housing six tenants.
Where is this strip mall located?
The property is located at 300 Old Dixie Hwy Vero Beach, FL.
What are key features of this property?
This property features: Island Plaza is a 5,011 SF, multi‑tenant strip center located in Vero Beach’s South East sub market; 6‑tenant retail center on Old Dixie Highway with major road frontage and premium corner lot visibility; Monument signage and quality block construction
(321) 210-6060 Call to check price and availability
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