Current Use by Public Records
- Neighborhood centers
Property Details for 1501 Us-1
- Property type
- Neighborhood centers
- Property subtype
- Retail properties & Spaces
Description
Indian River Plaza, located at 1501 US-1 in Vero Beach, FL (zip code 32960), presents a significant retail investment opportunity. This C-1 zoned strip center boasts a total of 139,414 square feet, with a substantial 54,092 square feet of vacant space currently available. The property benefits from a strong tenant mix, including Tractor Supply Co, Tropical Smoothie, Moe's, and the United States Postal Service. The former Kmart location provides a prime opportunity for an anchor tenant. The plaza enjoys excellent visibility and high traffic counts due to its strategic location on US Highway 1, which sees 28,000 cars per day. Nearby retailers include Publix, Walmart Neighborhood Market, Starbucks, and Walgreens, further enhancing the property's desirability and drawing power. This is an exceptional chance to acquire a well-positioned retail property in a thriving Vero Beach market. The property is classified as Retail and Restaurant, with a Strip Center subtype and multiple tenancies.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Vero Beach
- County
- Indian River
- State
- Florida
- Longitude
- -80.3892
- Latitude
- 27.6307
