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960 U.S. Highway 1 - Caliber Car Wash - Vero Beach, FL

3,286 SF Speciality Building Offered at £3,517,294 at a 7% Net Initial Yield in Vero Beach, FL 32960

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Investment Highlights

Hard Corner Intersection | Located off US Highway 1 (27,600 VPD) | Surrounded by Complimentary Tenants | Population Growth
Strong National/Credit Tenants | Palms at Vero Beach (259 Units) | Indian River Apartments (180 Units) | Dense Retail Corridor

Strong Demographics In 5-mile Trade Area | $92,400 AHHI | 95,000 residents and 44,000 employees support the trade area
20-Year Lease | Corporate Guaranteed Lease | Options To Extend | Annual Rental Increases

Executive Summary

Corporate Guaranty
Hard Corner Intersection Location
Directly off US Highway 1 (27,600 VPD)
No State Income Tax

Vero Beach FL - Caliber Car Wash

Property Facts

Price	£3,517,294	Lot Size	1.50 AC
Price Per SF	£1,070	Building Size	3,286 SF
Sale Type	Investment	Number of Floors	1
Net Initial Yield	7%	Year Built	2023
Property Type	Speciality	Parking Ratio	16.74/1,000 SF
Property Subtype	Car Wash

Price	£3,517,294
Price Per SF	£1,070
Sale Type	Investment
Net Initial Yield	7%
Property Type	Speciality
Property Subtype	Car Wash
Lot Size	1.50 AC
Building Size	3,286 SF
Number of Floors	1
Year Built	2023
Parking Ratio	16.74/1,000 SF