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Freestanding Building near I-95 8905 20th St
3,055 SF of Retail Space Available in Vero Beach, FL 32966
Highlights
- Fully built out quick service restaurant with drive-thru and pylon signage.
- Located off I-95 and adjacent to a TA Travel Center driving more daily vehicles to the area.
- Build to suit & ground lease options available.
- In close proximity to many national brands such as Wawa, Popeye's, McDonald's and many others.
- Over $32 million in consumer spending on food within a 2-mile radius.
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
Space | Size | Term | Rent | Service Type | ||
1st Floor, Ste 8905 | 3,055 SF | 3-10 Years | £21.30 /SF/PA £1.78 /SF/MO £229.30 /m²/PA £19.11 /m²/MO £65,081 /PA £5,423 /MO | Triple Net |
1st Floor, Ste 8905
8905 20th St, located in Vero Beach along the West Vero Corridor is a single-tenant quick service restaurant formerly occupied by Wendy’s, with great visibility and signage along the main road. The building features its own parcel with a surface parking lot and recently resurfaced roof in 2021, and is surrounded by national tenants including Subway, BP, Dunkin, and many others. Located less than a mile away from I-95 and adjacent to the TA Truck Center draws interstate travelers to the area.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Fast Food Restaurant
- Space In Need of Renovation
- Built out for a national fast food brand
- Easily accessible and close to I-95
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 Freestanding Building near I-95
- Tenant
- Description
- US Locations
- Reach
- Dunkin'
- Accommodation and Food Services
- -
- -
- Home2 Suites
- Accommodation and Food Services
- -
- -
- IHOP
- Accommodation and Food Services
- -
- -
- McDonald's
- Accommodation and Food Services
- -
- -
- Ta Travel Center
- Service type
- 1
- -
- Wawa
- Retailer
- -
- -
Tenant | Description | US Locations | Reach |
Dunkin' | Accommodation and Food Services | - | - |
Home2 Suites | Accommodation and Food Services | - | - |
IHOP | Accommodation and Food Services | - | - |
McDonald's | Accommodation and Food Services | - | - |
Ta Travel Center | Service type | 1 | - |
Wawa | Retailer | - | - |
PROPERTY FACTS FOR 8905 20th St , Vero Beach, FL 32966
Property Type | Retail | Year Built/Renovated | 1995/2005 |
Property Subtype | Fast Food | Parking Ratio | 10/1,000 SF |
Gross Internal Area | 3,055 SF |
Property Type | Retail |
Property Subtype | Fast Food |
Gross Internal Area | 3,055 SF |
Year Built/Renovated | 1995/2005 |
Parking Ratio | 10/1,000 SF |
About the Property
8905 20th Street, a freestanding retail building located in Vero Beach. The building is situated on its own parcel with a private surface level lot with multiple points of access from 20th Street and features a drive-thru and pylon signage. Vero Beach area is a growing community revered for its small-town charm and amenities that are appealing to new tenants who are moving into the area most evident in its downtown district, which offers an array of restaurants, shops, and galleries in historic storefronts that drive traffic to the area along the West Vero Corridor. Build to suit & ground lease options available.
- 24 Hour Access
- Bus Route
- Drive Thru
Presented by
Freestanding Building near I-95 | 8905 20th St
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