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960 U.S. Highway 1 - Caliber Car Wash - Vero Beach, FL

3,286 SF Specialty Building Offered at $6,355,711 CAD at a 7% Cap Rate in Vero Beach, FL 32960

Car Washes Florida Vero Beach 960 U.S. Highway 1, Vero Beach, FL 32960

Investment Highlights

  • Hard Corner Intersection | Located off US Highway 1 (27,600 VPD) | Surrounded by Complimentary Tenants | Population Growth
  • Strong National/Credit Tenants | Palms at Vero Beach (259 Units) | Indian River Apartments (180 Units) | Dense Retail Corridor
  • Strong Demographics In 5-mile Trade Area | $92,400 AHHI | 95,000 residents and 44,000 employees support the trade area
  • 20-Year Lease | Corporate Guaranteed Lease | Options To Extend | Annual Rental Increases

Executive Summary

Corporate Guaranty
Hard Corner Intersection Location
Directly off US Highway 1 (27,600 VPD)
No State Income Tax

Attachments

Vero Beach FL - Caliber Car Wash

Property Facts

Price $6,355,711 CAD Lot Size 1.50 AC
Price Per SF $1,934 CAD Building Size 3,286 SF
Sale Type Investment No. Stories 1
Cap Rate 7% Year Built 2023
Property Type Specialty Parking Ratio 16.74/1,000 SF
Property Subtype Car Wash
Price $6,355,711 CAD
Price Per SF $1,934 CAD
Sale Type Investment
Cap Rate 7%
Property Type Specialty
Property Subtype Car Wash
Lot Size 1.50 AC
Building Size 3,286 SF
No. Stories 1
Year Built 2023
Parking Ratio 16.74/1,000 SF
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zoning

Zoning Code CG (General Commercial)
CG (General Commercial)
(954) 302-7365

  • Listing ID: 29507081

  • Date on Market: 2023-09-13

  • Last Updated:

  • Address: 960 U.S. Highway 1, Vero Beach, FL 32960

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960 U.S. Highway 1 - Caliber Car Wash - Vero Beach, FL
(954) 302-7365 x

960 U.S. Highway 1 - Caliber Car Wash - Vero Beach, FL

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Patrick Nutt

(954) 302-7365

(954) 302-7365

William Wamble

(813) 371-1079

(813) 371-1079

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