Downtown Office Centre Investment

FEATURES:

• Located directly on the East bound lane of SR 60 on busy corner in downtown Vero Beach!
• Walking distance to restaurants & shopping!
• Meticulously maintained inside and outside!
• Three Covered parking spaces available per floor
• Long term cellular telephone roof tower leases
• Some office currently available to buyer!
• New roof on Building A in 2017. B replaced in 02.
• Completely repainted in 2015

BUILDING:

• Bldg. A Gross SF = 20,452 + Roof PH 966 SF = 21,418
• Bldg. B Gross SF = 19,616 + Roof PH 600 SF = 20,216
• Total - 40,068 & 41,634

PROPERTY SIZE: 1.96 Acres, with approximately 256 ft. of frontage on Rte. 60 East and approximately 412 ft. of depth.
YEAR BUILT: Building A = 2005 / Building B = 1972
ZONING: (DTW) Downtown District
UTILITIES: City Water, Sewer & Electric
R.E. TAXES: $52,715.79 (2017)
NOI: $580,000 (currently 90% occupied)
CAP RATE: 7.7%
SALE PRICE: $7,500,000