List Search

5125 20th St
Vero Beach, FL 32966

$6,300,000 USD

Freestanding For Sale  •  11,480 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 11,480 SF
  • Lot Size 8.69 AC
  • Building Class B
  • Year Built 2019
  • Cap Rate 6.28 %
  • Tenancy Multiple
  • Zoning PD
0 Transit Score
45 Walk Score

Highlights

100% Occupied Eastern Florida Strip Located on High Traffic Vero Retail Corridor
All Tenants Have Aggressive Base Rental Increases and NNN Leases With Additional Admin Fees Collected on CAM
The Property is Anchored By a Corporate Guaranteed Corner Drive-Thru Dunkin’, Jersey Mike’s Subs and Corporate Elite Hearing Centers of America
Property Sits on 20th St (SR-60) which is the Main East-West Retail Corridor in Vero Beach w/ Access On and Off I-95 and Traffic Counts of 32,500 Cars
The Center Sits on and Oversized Lot of Over 2 Acres With an Above Average Parking Ratio of 9.4 Spaces Per 1,000 Square Feet
Surrounding National Retailers Include Super Walmart, Sam’s Club, Home Depot, CVS, McDonald’s, Publix Supermarket, Target and Many More
Cap Rate: 6.28 %

Major Tenants

Tenant SF Occupied Lease End Date
Asurion Tech Repair 1/31/2028
Bambuu Asian Eatery
Dunkin'
Elite Hearing Centers 12/1/2025
Jersey Mike's Subs 6/1/2031
Zoomies 10/31/2028

Amenities

  • Monument Signage
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Melbourne Orlando International 56 min - 40.1 mi
Tricia Lim 786-522-7086 Marcus & Millichap
Tricia Lim 786-522-7086 Marcus & Millichap