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Indian River Plaza 1501-1601 US Highway 1
54,092 SF of Retail Space Available in Vero Beach, FL 32960
Highlights
- Jr Anchor/Anchor space available
- Former Kmart
- 15,000 SF - 51,000 SF +/- available
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 54,092 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application | TBD |
1501 US Highway 1 - 1st Floor
• Former Kmart Jr Anchor/Anchor space available. • Join Tractor Supply Co, Tropical Smoothie, Moes, and USPS. • Surrounding retailers include Publix, Walmart Neighborhood Market, Starbucks, Walgreens, and more. • Strong visibility and traffic counts from US 1
- Fully Built-Out as Standard Retail Space
- Jr Anchor/Anchor space available
- Former Kmart
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT Indian River Plaza
- Tenant
- Description
- US Locations
- Reach
- Tractor Supply Company
- Home Improvement
- 2,583
- National
| Tenant | Description | US Locations | Reach |
| Tractor Supply Company | Home Improvement | 2,583 | National |
PROPERTY FACTS FOR 1501-1601 US Highway 1 , Vero Beach, FL 32960
| Centre Type | Community Center | Gross Leasable Area | 164,285 SF |
| Parking | 1,265 Spaces | Total Land Area | 14.90 AC |
| Stores | 1 | Year Built | 1979 |
| Centre Properties | 2 | Cross Streets | US Hwy 1 & 17th St |
| Frontage |
| Centre Type | Community Center |
| Parking | 1,265 Spaces |
| Stores | 1 |
| Centre Properties | 2 |
| Frontage | |
| Gross Leasable Area | 164,285 SF |
| Total Land Area | 14.90 AC |
| Year Built | 1979 |
| Cross Streets | US Hwy 1 & 17th St |
About the Property
• Former Kmart Jr Anchor/Anchor space available. • 15,000 to 51,000 SF available, offering flexible demising options. • Join Tractor Supply Co, Tropical Smoothie, Moes, and USPS. • Surrounding retailers include Publix, Walmart Neighborhood Market, Starbucks, Walgreens, and more. • Strong visibility and traffic counts from US 1
- Dedicated Turn Lane
- Pylon Sign
Nearby Major Retailers
Presented by
Indian River Plaza | 1501-1601 US Highway 1
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