7400-7412 Us 1 Hwy, Vero Beach, FL 32967
This 6,600-square-foot flex space in Vero Beach, Florida, is ideally situated at 7400-7412 US Highway 1, offering exceptional visibility and accessibility. The single-tenant building boasts 33 parking spaces and a convenient walk-up entrance from the parking lot. Featuring four total entrances (front and rear), the current layout is well-suited for a medical office, with a reception area, two restrooms, a kitchen, and seven to eight individual offices. An adjacent area offers potential for outdoor seating, subject to negotiation. The property benefits from 240 feet of frontage on US-1, a high-traffic area with over 28,000 vehicles per day, ensuring significant exposure. Lease terms include prominent monument signage. The property is zoned CL and sits in a high-growth area, with numerous new residential developments underway. A new Publix shopping center is projected to open on CR 510 in 2024, just minutes away. On-site property management ensures efficient building operations. Available September 1, 2024. The property's APN is 32390300000300000022.0.
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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