FREESTANDING QSR BUILDING 8905 20th St 3,055 SF Retail Building Vero Beach, FL 32966 $1,920,375 CAD ($628.60 CAD/SF)
INVESTMENT HIGHLIGHTS
- Roof was resurfaced in 2021
- Great visibility to a busy road
- Located less than a mile away from the I-95 access ramp
- BUILD TO SUIT & GROUND LEASE OPTIONS AVAILABLE
EXECUTIVE SUMMARY
Conveniently situated less than a mile from the I-95 access ramp, this former Wendy's site boasts high visibility along a bustling thoroughfare. It is adjacent to a TA Truck Center, ensuring a steady flow of potential customers.
The interior of the property requires renovation, as it has remained vacant for over a year. However, the roof was recently resurfaced in 2021, ensuring structural integrity.
The property benefits from its proximity to well-established national brands, including Wawa, McDonald's, and a newly constructed RaceTrac gas station.
Easy access to the I-95 ramp ensures convenience for commuters and travelers, further enhancing the site's potential as a quick-service destination.
Build-to-suit and ground lease options provide flexibility for interested parties to tailor the space to their specific needs and preferences.
The interior of the property requires renovation, as it has remained vacant for over a year. However, the roof was recently resurfaced in 2021, ensuring structural integrity.
The property benefits from its proximity to well-established national brands, including Wawa, McDonald's, and a newly constructed RaceTrac gas station.
Easy access to the I-95 ramp ensures convenience for commuters and travelers, further enhancing the site's potential as a quick-service destination.
Build-to-suit and ground lease options provide flexibility for interested parties to tailor the space to their specific needs and preferences.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,055 SF
Building Class
B
Year Built/Renovated
1995/2005
Price
$1,920,375 CAD
Price Per SF
$628.60 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.17 AC
Zoning
CG - Commercial General
Parking
35 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
140’ on 20th St
AMENITIES
- 24 Hour Access
- Bus Line
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Dunkin
- Accommodation and Food Services
- -
- -
- -
- Howard Johnson
- Accommodation and Food Services
- -
- -
- -
- IHOP
- Accommodation and Food Services
- -
- -
- -
- McDonald's
- Accommodation and Food Services
- -
- -
- -
- RaceTrac
- Retailer
- -
- -
- -
- TA Travel Center
- Accommodation and Food Services
- -
- -
- -
- Wawa
- Retailer
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Dunkin | Accommodation and Food Services | - | - | - | ||
| Howard Johnson | Accommodation and Food Services | - | - | - | ||
| IHOP | Accommodation and Food Services | - | - | - | ||
| McDonald's | Accommodation and Food Services | - | - | - | ||
| RaceTrac | Retailer | - | - | - | ||
| TA Travel Center | Accommodation and Food Services | - | - | - | ||
| Wawa | Retailer | - | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
8905 20th St, located in Vero Beach along the West Vero Corridor is a single-tenant quick service restaurant formerly occupied by Wendy’s, with great visibility and signage along the main road. The building features its own parcel with a surface parking lot and recently resurfaced roof in 2021, and is surrounded by national tenants including Subway, BP, Dunkin, and many others. Located less than a mile away from I-95 and adjacent to the TA Truck Center draws interstate travelers to the area.
| Space | Size | Space Use | Position | Available |
| 8905 | 3,055 SF | Restaurant | - | Now |
8905
| Size |
| 3,055 SF |
| Space Use |
| Restaurant |
| Position |
| - |
| Available |
| Now |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 33-38-02-00006-0000-00002.0 | Improvements Assessment | $539,299 CAD |
| Land Assessment | $500,158 CAD | Total Assessment | $1,039,458 CAD |
