Price Reduced 1.93%
Price History
$3,263,000
11/27/2022
$3,200,000
3/8/2023
6480 20TH STREET, Vero Beach, FL, 32966
2006
12,960 sqft
100% LEASED Shops at Vero Mall is located in the heart of Vero Beach's retail corridor, on 20th St, in front of the IndianRiver Mall with JC Penney, Dillard's, AMC Theatres and several other retail stores. The adjacent IndianRiver Commons and Square holds Lowes, Ross, Best Buy, Bed bath and Beyond, Shoe Carnival, Target, Beall's, Dollar Tree and other retails stores. On the opposite side of the property on 20th St, we have other national credit tenants including a Walmart Supercenter, Sam’s Club, The Home Depot, Joann's, Marshalls, Home Goods, Petco, Walgreens and other retails store. Ryanwood Square with Publix, Harbor freight and other store is across the corner of 58th Ave about a mile from the property. Strong tenant synergy promotes crossover shopping to the subject property. Huge commercial Growth in the Area.? Easy Access to Interstate 95 and Strong Demographics in 5-Mile Trade Area. The shops at Vero mall is 100% LEASED 12960 SF retail property in 1.33 Acres of land. This property built in 2006 was update in 2015. Also, it has several updates including a new roof, Parking lot striped, exterior paint in 2020-21. New irrigation well in 2022. Out of the total four tenants, three of them (85%) are on NNN leases and one tenant (15%) in a smaller space is a full service.
Status:
Active
Type:
Commercial
Units:
4
Complex:
INDIAN RIVER MALL - THE WEST PERIPHERAL SUB
Garage:
Over 30 Spaces
Heating:
Central
Cooling:
Central Air
Acreage:
1.33
Est. Taxes:
$30,389
Construction
Stucco
Utilities
Public
Days on Market:
367
MLS #:
O6074294
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of BLISSFUL REAL ESTATE LLC Phone: 407-867-0007