For Sale
$8,000,000

3807 65Th StVero Beach, FL 32967

Prime Vero Beach industrial park, high occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional Vero Beach, Florida industrial park presents a compelling investment opportunity. Encompassing two buildings totaling 36,000 square feet on 5.73 acres, this multi-tenant property boasts 92% occupancy across 24 units. Built in 1973, the property features a recently updated metal roof, 16-foot ceilings, and three-phase power. Each building offers front and rear overhead doors for efficient loading and unloading. Seven fenced areas, totaling 30,672 square feet, provide additional storage options, with 80% currently leased at rates ranging from $1.00 to $3.00 per square foot annually. The property is strategically located near the Wabasso Bridge and upscale beachside communities, offering excellent accessibility and visibility directly off US Highway One. Recent renovations include new paint and signage, enhancing the overall aesthetic appeal. The asking price is $8,000,000, with a price per unit of $333,333.33 and a price per square foot of $222.22. The net rentable square footage is 35,940 square feet. This property is ideal for investors seeking a strong return in a desirable location. The address is 3807 & 3855 65th Street, Vero Beach, Florida 32967.

Highlights

  • Vero Beach industrial park investment opportunity: Two buildings totaling 36,000 square feet on 5.73 acres, 92% occupancy across 24 units.
  • Seven fenced areas totaling 30,672 square feet, 80% leased at $1.00-$3.00/SF annually.
  • Property features include 16-foot ceilings, three-phase power, front and rear overhead doors, and a recently updated metal roof.
  • Located near Wabasso Bridge and US Highway 1, offering excellent accessibility and visibility.
  • Asking price: $8,000,000 ($333,333.33 per unit, $222.22 per square foot); Net rentable area: 35,940 square feet.

Property Details for 3807 65Th St

Property type
Warehouses, Industrial properties
Square Feet
36,000 SF
Year Built
1973
Buildings
2
Stories
1
Units
24

Location Insight

City
Vero Beach
County
Indian River
State
Florida
Latitude
27.7105981
Longitude
-80.4245674
3807 65Th St, Vero Beach, Florida

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3807 65Th St
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