For Sale
$825,000

670 2Nd LnVero Beach, FL 32962

6,000 SF Fully Leased Industrial Building

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 6,000-square-foot industrial building in Vero Beach, Florida, presents a compelling investment opportunity. Located at 670 2nd Ln, 32962, this fully leased property boasts a prime location in Indian River County, zoned CH (Heavy Commercial). The single-story, 1986-built structure features 14-foot ceilings and is comprised of two 3,000-square-foot bays, currently occupied by automotive-related tenants. One bay houses an automotive equipment sales and service business, featuring a small office, one bathroom, and two 12x12 roll-up doors. The second bay, occupied by an established auto body repair shop, includes a small office, two bathrooms, a paint booth, and four 12x12 roll-up doors. Both tenants benefit from an ample asphalt parking lot with designated spaces. The building is constructed of concrete block with a metal roof. Currently operating under below-market net-net-net (NNN) leases with terms expiring within approximately one year, this property offers a significant value-add opportunity for the discerning investor. The 0.65-acre lot provides ample space for potential future expansion or redevelopment. This is a rare chance to acquire a fully leased, stable income-generating asset with strong upside potential in a desirable location. The property's strong tenant history and flexible zoning further enhance its appeal.

Highlights

  • Fully leased 6,000 SF industrial building in Vero Beach, FL.
  • Heavy Commercial (CH) zoning.
  • NNN leases with near-term lease expirations.
  • Established automotive tenants with long-term history.
  • Concrete block construction (CBS) with metal roof.
  • Significant value-add opportunity due to below-market rents and potential redevelopment.

Property Details for 670 2Nd Ln

Property type
Warehouses, Industrial properties
Square Feet
6,000 SF
Class
C
Year Built
1986
Buildings
1
Stories
1

Location Insight

City
Vero Beach
County
Indian River
State
Florida
Latitude
27.6065205
Longitude
-80.3867473
670 2Nd Ln, Vero Beach, Florida

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670 2Nd Ln
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