6480 20th Street, Vero Beach, Florida 32966

  • $3,200,000
  • $3,263,000

Description

100% LEASED Shops at Vero Mall is located in the heart of Vero Beach’s retail corridor, on 20th St, in front of the IndianRiver Mall with JC Penney, Dillard’s, AMC Theatres and several other retail stores. The adjacent IndianRiver Commons and Square holds Lowes, Ross, Best Buy, Bed bath and Beyond, Shoe Carnival, Target, Beall’s, Dollar Tree and other retails stores. On the opposite side of the property on 20th St, we have other national credit tenants including a Walmart Supercenter, Sam’s Club, The Home Depot, Joann’s, Marshalls, Home Goods, Petco, Walgreens and other retails store. Ryanwood Square with Publix, Harbor freight and other store is across the corner of 58th Ave about a mile from the property. Strong tenant synergy promotes crossover shopping to the subject property. Huge commercial Growth in the Area.? Easy Access to Interstate 95 and Strong Demographics in 5-Mile Trade Area. The shops at Vero mall is 100% LEASED 12960 SF retail property in 1.33 Acres of land. This property built in 2006 was update in 2015. Also, it has several updates including a new roof, Parking lot striped, exterior paint in 2020-21. New irrigation well in 2022. Out of the total four tenants, three of them (85%) are on NNN leases and one tenant (15%) in a smaller space is a full service.

Details

  • Property ID O6074294
  • Price $3,200,000
  • Property Size 12960 Sqft
  • Land Area 1.33 Acres
  • Year Built 2006
  • Property Type Retail, Commercial Sale
  • Property Status Canceled

Additional details

  • Listing Terms Cash, Conventional, FHA
  • Roof Membrane, Other
  • Utilities Public
  • Sewer Public Sewer
  • Cooling Central Air
  • Heating Central
  • Flooring Carpet, Ceramic Tile
  • County Indian River
  • Property Type Commercial Sale
  • Parking Over 30 Spaces
  • Address: 6480 20TH STREET
  • State/county: FL
  • Zip/Postal Code: 32966
  • Country: US

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