Net-Leased Investment in Downtown Vero Beach

FEATURES:

• Rare Opportunity to Own One of Central Vero’s Finest Office Buildings!
• Fully Leased to Fortis Payment Systems Through July 31, 2030!
• Minimal Landlord Responsibilities, with Tenant Paying all Major Operating Expenses.
• Building Features Many Tenant Amenities Such as Large Private Parking Lot, Covered Outdoor Seating Area, Private Kitchen & Close Proximity to Restaurants.
• Full Renovation Included Roof, Impact Rated Windows/Doors, Six HVAC Systems, Fire Suppression System, Exterior/Interior Security Monitoring, Fiber Optics Etc.

BUILDING: 8,055 SF 2 Story Office Building on .43 Acres with 150 Ft. of Frontage on 14th Avenue and 125 Ft. of Depth
R.E. TAXES: $14,108.20 (2023)
ZONING: (DTW) Downtown
YEAR BUILT: Full Interior/Exterior Renovation in 2019!
UTILITIES: City Water & Sewer, FPL
NOI: $226,800 (Cap Rate = 6.31%)
SALE PRICE: $3,595,000