Property profile

1960 Pointe Dr Vero Beach, FL 32966

OFF-MARKET
Office Spaces
21,000 SF Built 2009
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Property summary

AI-generated overview

This exceptional three-story, 21,000-square-foot medical and office building in Vero Beach, Florida, offers versatile space options. Built in 2009, the property features a Planned Development Traditional Neighborhood Design (PDTND) zoning designation. Currently, 7,000 square feet of contiguous space is available, divisible down to 1,199 square feet. The building boasts attractive build-out incentives for qualified tenants, with build-to-suit options up to 7,000 square feet. Designed for both medical and general office use, it includes 115 parking spaces with expansion potential, monument and building signage opportunities, and a well-maintained Class A finish. Amenities include fire sprinklers, concrete block construction, impact glass, a vehicle portico, and security monitoring. The location benefits from high traffic volume, with 27,074 vehicles passing daily (2022 data). Lease rates are competitive, starting at $33.00 NNN for turn-key build-outs and $21.00 NNN for shell space. Utilities are provided by County Water and FPL. This is a prime opportunity for businesses seeking a modern, well-equipped space in a high-traffic area. The address is 1960 Pointe W Dr, Vero Beach, FL 32966.

Property profile

Verified
Property type Office Spaces
Year built 2009
Total area 21,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1960 Pointe Dr Vero Beach, FL 32966
Vero Beach metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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