Email Listing   Show Commission
  Edit Listing
Last updated on April 22nd, 2024

100% Leased Shops at Vero Beach Mall

$3,200,000

6480 20th Street, Vero Beach, Florida 32966


Building Size12,960 Square Feet
Land Size1.33 Acres
ZoningCG
WaterPublic
ElectricPublic
Year Built2006
RoofFlat

Blissful Real Estate is pleased to exclusively offer for sale: Shops at Vero Mall! This is a 12,960 square foot property located within 1.33 acres of land. This is a fully occupied retail strip center in front of Indian River Mall on SR 20th Street in Vero Beach. Shops at Vero Mall is in the heart of Vero Beach's retail corridor! It is on 20th St, in front of the Indian River Mall with JC Penney, Dillard's, AMC Theatres and several other retail stores. In the adjacent Indian River Commons and Square, we can see Lowes, Ross, Best Buy, Bed bath and Beyond, Shoe Carnival, Target, Beall's, Dollar Tree and more. On the opposite side of the property, we have other national credit tenants including a Walmart Supercenter, Sam’s Club, Home Depot, Joann's, Marshalls, Home Goods, Petco, Walgreens and more. Ryanwood Square with Publix, Harbor Freight and other stores are across the corner of 58th Ave about a mile from the property. Strong tenant synergy in this area promotes crossover shopping to the subject property of Shops at Vero Mall. This area has experienced enormous commercial growth in recent years. Strong demographics in the 5-mile trade area can also be seen. This optimal location provides easy access to Interstate 95. The shops at Vero mall is 100% LEASED 12960 SF retail property in 1.33 acres of land. This property was built in 2006 and renovated in 2015. It has several updates including the addition of a new roof, parking lot striping, repainting of the exterior in 2020-21 and a new irrigation well in 2022. 85% of space is occupied by tenants with NNN leases and the remaining 15% is occupied by a tenant with a full-service lease. New Seasons national tenant occupies 35% of the space, the State of Florida Department of Education occupies 15% of space and two social clubs occupy the remaining 49% of the space.


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

Top of Page