Property Details


Vero Beach, FL
Property ID: 3177

Financial Summary

Asking Price $5,110,000
Cap Rate 4.50%
Net Operating Income (NOI) $230,000
Lease Type Ground Lease, NNN
Lease Term Remaining 20 Years
The Offering Memorandum for this property is no longer available.


Patrick R. Nutt
Managing Partner

Share Property


  • Brand new construction
  • Hard corner of high profile intersection
  • Increases 7% every 5 years
  • Investment grade tenant with long 20 year lease term
  • 83,093 people within 5 miles of property
  • Florida has no state income tax

Net Lease Advisor

For more information on this tenant, including averages, overview and credit ratings, visit


1110 US-1
Vero Beach, FL

Traci BidingerWawa