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Retail Building on US-1
For Lease
$17 SF/Yr

721 US Hwy 1, Vero Beach, FL 32962

Stand-alone retail building with high visibility and ample parking.

Space SizeContact for details
Property Size5,261 SF
Lot Size0.44 Acres
Days on Market140

Property Features for 721 US Hwy 1

General Information

Standard status Active
Size 5,261 SF
Lot size 0.44 Acres
Property subtype Commercial

Building Details

Building Size 5,261 SF
Year Built 1950
Stories 1
Listing Agency: Lambert Commercial Real Estate
Listed By: Edward M Amos · License #3464341
Source: Elliman
Added: Mar 24 Changed: Aug 8 Last Checked: Aug 8 at 6:27AM

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

Investment Insights

Based on property information with market context.

This stand-alone retail building is located on US-1 and features over 200 feet of corner frontage. The single-story layout offers a flexible configuration. Prominent signage opportunities are available along US Hwy 1, providing maximum brand visibility. Ample on-site parking is available for retail use. The property is centrally located with easy access to downtown and the beach, making it suitable for an owner-user seeking a business location with high traffic.

Key Highlights

  • High‑traffic location on US‑1 with 200+ ft of corner frontage.
  • Prominent signage opportunities** for maximum brand visibility.
  • Ample on‑site parking for retail use.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Big Box & Wholesale Store Pharmacy

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

NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,724
Businesses Nearby
418k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 37% Groceries 30% Shops & Services 19% Apparel 10%
Publix Groceries
45,919 visits/mo 0.4 miles
T.J. Maxx Apparel
38,375 visits/mo 0.4 miles
Walmart Neighborhood Market Groceries
35,642 visits/mo 0.3 miles
The Fresh Market Groceries
29,274 visits/mo 0.4 miles
McDonald's Dining
26,873 visits/mo 0.1 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

Lease Benchmarks for Vero Beach, FL

$30 /SF/Yr
Avg Asking Price
$18–$61 /SF/Yr
Price Range
1,846 SF
Avg Space Size

This space is priced 43% below the average of $30 /SF/Yr.

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Monti's Flower Market Inc 1163 Commerce Ave, Vero Beach, FL 32960

Frequently Asked Questions

What type of property is this?
Storefront property - Stand-alone retail building with high visibility and ample parking.
Where is this storefront property located?
The property is located at 721 US Hwy 1 Vero Beach, FL.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: High‑traffic location on US‑1 with **200+ ft of corner frontage**.; Prominent signage opportunities** for maximum brand visibility.; Ample on‑site parking for retail use.
More about this property
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