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    710-842 Us Highway 1 Vero Beach, FL 32962

    Sponsored
    For Lease
    $16 SF/Yr

    Vero Beach retail space, multiple suites available

    Lot size:
    147,417 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    South Vero Square, a 147,417 square foot retail and office strip center in Vero Beach, Florida, presents a unique investment opportunity. Built in 1989, this 19-acre property is situated at the highly visible northeast corner of US Highway 1 and Oslo Road, serving as a primary retail hub for southeastern Vero Beach. The center boasts a strong tenant mix including national brands such as Publix, Ace Hardware, Pizza Hut, H&R Block, Beef O'Brady's, and Bank of America. Currently, there are six suites available, with a minimum divisible space of 1,078 square feet and a maximum contiguous space of 1,198 square feet. A total of 15,536 square feet of vacant space is available for lease, offering flexibility for various business types. This established center provides excellent visibility and accessibility, making it an ideal location for businesses seeking a thriving retail environment in a densely populated area of Indian River County, Florida, zip code 32962. The property's location on US Highway 1 ensures high traffic volume and exposure to a large customer base.

    Property Features for 710-842 Us Highway 1

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    147,417 SF
    Total Rate
    202698.38

    Building Details

    Year Built
    1989

    Unit(s) available at that property

    Space
    Suite# 778
    Size
    2,386 SF
    Rate per SF
    $16
    Space
    Suite# 736-740
    Size
    3,540 SF
    Rate per SF
    $16
    Space
    Suite# 832
    Size
    2,963 SF
    Rate per SF
    $16
    Space
    Suite# 834
    Size
    2,963 SF
    Rate per SF
    $16
    Space
    Suite# 780-782
    Size
    2,400 SF
    Rate per SF
    $16
    Space
    Suite# 762
    Size
    1,198 SF
    Rate per SF
    $16
    Space
    Suite# 784
    Size
    1,198 SF
    Rate per SF
    $16

    HighLights

    • 147,417 SF retail/office strip center in Vero Beach, FL.
    • Located on a highly visible 19‑acre corner lot at US Hwy 1 & Oslo Rd.
    • Strong tenant mix including Publix, Ace Hardware, & other national brands.
    • 15,536 SF of available space, divisible from 1,078 SF to 1,198 SF contiguous.
    • High traffic location in a densely populated area of Indian River County (zip code 32962).
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Vero Beach
    County
    Indian River
    State
    Florida
    Longitude
    -80.3776453
    Latitude
    27.5902661

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    FAQs

    What type of property is this?
    Neighborhood center - Vero Beach retail space, multiple suites available
    Where is this neighborhood center located?
    The property is located at 710-842 Us Highway 1 Vero Beach, FL.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 147,417 SF retail/office strip center in Vero Beach, FL.; Located on a highly visible 19-acre corner lot at US Hwy 1 & Oslo Rd.; Strong tenant mix including Publix, Ace Hardware, & other national brands.
    Request Owner's contact information
    710-842 Us Highway 1 Vero Beach, FL 32962
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    Vero Beach, FL 32962
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    710-842 Us Highway 1 Vero Beach, FL 32962
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