7400 20th Street
Vero Beach, FL
Price:
$8,413,918
Cap Rate:
4.85%
NOI:
$408,075
Building Size:
Approx. 4,650 Sq. Ft.
Lot Size:
Approx. 2.1 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2023
Investment Overview
- 2023 Construction. 4,650+/- SF Building on 2.10+/- Acre Site
- Brand New 15 Year Corporate Absolute NNN Lease w/ 10% Rental Increases Every 5 Years
- Signalized, Hard Corner Location at the Intersection of 20th St & 74th St (45,600 VPD Combined)
- 1 Mile East of Brand New Publix-Anchored Shopping Center & 1 Mile West of Indian River Mall
- Located at the Entrance to Indian River Estates, a 100 Acre Retirement Community
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
- Vero Beach | 7th Richest County in Florida | Population: 17,000+
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