| Building Size | 9,616 Square Feet |
| Units | 9 |
| Zoning | RM-10/12, POI, RS-2 |

Property Features:
- Lease Terms May be Adjusted to Better Suit Investor Needs.
- Sale-Leaseback Opportunity from Thriving Health and Wellness Organization.
- The Residential OR Commercial Package may be Purchased Individually!
- All Buildings Purchased and Renovated within the Past 5 Years.
- Renovations Vary by Address but Include Fully Interior Renovations, Plumbing and Electrical Upgrades, and Recent Roof HVAC Replacements.
Current Facility Use:
- Highland Avenue and 14th Avenue, Vero Beach Locations – Monitored Sober Living Facilities
Financial Summary:
Parent Company: VBREP LLC
Total Square Footage: 9,616
Average Lease Expiration: February 2034 (8 Years Remaining)
Lease Structure: Triple Net (NNN)
Current Base Rent: $207,536.80
Rental Increases: 3% Annual
Renewal Options: Two, 1-Year Options (3% Increases)
Landlord Responsibilities: Roof, Structure, Common Area Maintenance
(All Operating Expenses Billed Back to Tenant Including Amortized
Capital Improvements or Repairs)
Tenant Responsibilities: All Interior Repairs & Maintenance Incl. HVAC
PORTFOLIO SUMMARY: Includes Nine Residential Buildings Totaling 9,616 Square Feet
NOI: $207,536.80
CAP RATE: 7.41%
SALE PRICE: $2,800,000
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.