AIRPORT II LEASEHOLD INVESTMENT - 3400 - 3408 Aviation Blvd. $549,000

  • AIRPORT II LEASEHOLD INVESTMENT - 3400 - 3408 Aviation Blvd.
  • AIRPORT II LEASEHOLD INVESTMENT - 3400 - 3408 Aviation Blvd.
  • AIRPORT II LEASEHOLD INVESTMENT - 3400 - 3408 Aviation Blvd.
  • AIRPORT II LEASEHOLD INVESTMENT - 3400 - 3408 Aviation Blvd.
  • AIRPORT II LEASEHOLD INVESTMENT - 3400 - 3408 Aviation Blvd.
  • AIRPORT II LEASEHOLD INVESTMENT - 3400 - 3408 Aviation Blvd.
  • AIRPORT II LEASEHOLD INVESTMENT - 3400 - 3408 Aviation Blvd.
  • AIRPORT II LEASEHOLD INVESTMENT - 3400 - 3408 Aviation Blvd.
  • AIRPORT II LEASEHOLD INVESTMENT - 3400 - 3408 Aviation Blvd.
  • AIRPORT II LEASEHOLD INVESTMENT - 3400 - 3408 Aviation Blvd.
  • AIRPORT II LEASEHOLD INVESTMENT - 3400 - 3408 Aviation Blvd.
  • AIRPORT II LEASEHOLD INVESTMENT - 3400 - 3408 Aviation Blvd.

Current Price: $549,000
New Price:
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Year Built
2005
Name Location Type Distance

3400 - 3408 Aviation Blvd., Vero Beach, FL
•LEASEHOLD INVESTMENT OPPORTUNITY
•Located on busy corner with traffic signal!
•High Ceilings
•Plenty of parking in front and rear
•Some units have rear bay doors
•Lush landscaping with attractive design
•Busy area in path of future growth
•Two 1,750 SF units, two approximate 2,000 SF units and one 3,373 SF unit.
•10,938 SF 5 Unit Office/Retail Building
•Property Size: 1.64 Acres with 231.37 ft. of frontage on Aviation Blvd. and 250 ft. of depth .
•Year Built: 2005
•Zoning: (ALI-1) - Airport Light Industrial
•Utilities: City Water, Sewer & Electric
•R.E. Taxes: $11,702.22 (2016)

PROJECTED NOI: $84,800 (Based on 5% vacancy, currently 53% occupied)
CAP RATE: 15% (Based on 5% vacancy, currently 53% occupied)
SALE PRICE: $549,000 (17 years left on land lease)


Available Date:
3/11/2017
3400-3408 Aviation Blvd.
Vero Beach, Florida 32960
United States
Sale Type: FOR SALE
Ron Lambert
Lambert Commercial Real Estate

P: 772-778-2334
M: 772-538-3930
BIlly Moss
Lambert Commercial Real Estate

P: 772-778-2334
M: 772-713-4471
Year Built
2005
Zoning
ZONING: (ALI-1) - Airport Light Industrial
Available Date:
3/11/2017
3400-3408 Aviation Blvd.
Vero Beach, Florida 32960
United States
Sale Type: FOR SALE
Ron Lambert
Lambert Commercial Real Estate

P: 772-778-2334
M: 772-538-3930
BIlly Moss
Lambert Commercial Real Estate

P: 772-778-2334
M: 772-713-4471

Please complete the form below to request a showing for this property. We will review your request and respond to you as soon as possible. Please add any additional notes or comments that we will need to know about your request.

 
Available Date:
3/11/2017
3400-3408 Aviation Blvd.
Vero Beach, Florida 32960
United States
Sale Type: FOR SALE
Ron Lambert
Lambert Commercial Real Estate

P: 772-778-2334
M: 772-538-3930
BIlly Moss
Lambert Commercial Real Estate

P: 772-778-2334
M: 772-713-4471
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