Outparcel On SR 60 For Sale!
6350 20th Street, Vero Beach, Florida 32966
Sold: $2,650,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
10,063 sqft
Land Size
1.03 acres
Sewer
County
Water
County
Zoning
(CG) General Commercial
Electric
FPL
Year Built
2008
Property Description
FEATURES:
- Indian River Mall Outparcel off of Route 60.
- Large Retail Project Planned on Route 60 Corridor!
- Centrally Located in Middle of Residential Development.
- Strong Visibility with Building and Monument Signage Available!
- Available to Owner/User or Investor!
PROPERTY: 10,063 SF Building on 1.3 Acres with 192 Ft. of Frontage on SR 60 and 296 Ft. of Depth.
YEAR BUILT: 2008
TRAFFIC COUNT: Approximately 32,000 VPD Along Route 60
ZONED: (CG) General Commercial
UTILITIES: City water, Sewer, FPL
PARKING: Approximately 49 (1 per 204 square feet)
CAP RATE: 6% (Pro Forma)
NOI: $184,766.41 (Pro Forma) $122,788.96 (Actual)
SALE PRICE: $2,999,990