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Move-in Ready Office Space

859 16th Pl, Vero Beach, FL 32960

For Lease
$19 SF/Yr
Pending

Recently renovated office space with flexible layout available for rent.

Space SizeContact for details
Property Size968 SF
Days on Market203

Property Features for 859 16th Pl

General Information

Standard status Pending
Size 968 SF
Property subtype Commercial

Building Details

Building Size 968 SF
Year Built 2004
Stories 1
Listing Agency: Vero Beach
Listed By: Joseph Schlitt · License FL BK3102713
Source: Elliman
Added: Apr 24 Changed: Nov 8 Last Checked: Nov 10 at 8:30AM

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 Vero Beach

Rey
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Investment Insights

Based on property information with market context.

This newer office space is available for immediate occupancy. The renovated interior features two large offices and a third room currently configured as a conference room. The layout includes a large reception area, a small kitchen, a separate storage area, and a bathroom. The lease structure is gross rent, with no additional CAM charges. The location has a walk score of 52, indicating it is somewhat walkable, and a bike score of 42, indicating it is somewhat bikeable.

Key Highlights

  • Ready for immediate occupancy.
  • Renovated and move‑in ready.
  • Gross Rents, no additional CAM.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Butcher Restaurant (Bike/Boat/Book/etc) Store Clothing & Fashion Store Locksmith Supermarket

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
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,097
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Vero Beach, FL

$28.13 /SF/Yr
Avg Asking Price
$1.46–$150 /SF/Yr
Price Range
1,993 SF
Avg Space Size

This space is priced 32% below the average of $28.13 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Vero Beach, FL

$27.77 Jul
$25.67 Aug
$29.59 Sep
$29.6 Oct

Properties on Market for Office Units in Vero Beach

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Recently renovated office space with flexible layout available for rent.
Where is this office unit located?
The property is located at 859 16th Pl Vero Beach, FL.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: Ready for immediate occupancy.; Renovated and move‑in ready.; Gross Rents, no additional CAM.
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