1960 Pointe Dr, Vero Beach, FL 32966
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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