SINGLE TENANT MEDICAL INVESTMENT - 275 18th St. $2,850,000

  • SINGLE TENANT MEDICAL INVESTMENT - 275 18th St.
  • SINGLE TENANT MEDICAL INVESTMENT - 275 18th St.
  • SINGLE TENANT MEDICAL INVESTMENT - 275 18th St.
  • SINGLE TENANT MEDICAL INVESTMENT - 275 18th St.

Current Price: $2,850,000
New Price:
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Name Location Type Distance

275 18th Street, Vero Beach
• New 5-yr, Modified NNN Lease - July 1st, 2018
• Minimal landlord responsibilities limited to building structure, roof, and parking lot.
• Central Location within 2-miles of Airport, Hospital, Downtown, and Beach
• Tenant in place for 16 years!
• Property: 1.96 Acres, with approximately 326 ft. of frontage on 18th St and 225 ft. depth.
• Building:

  • 10,000 square feet between 3 units:
  • 6,500 square foot Surgery Center
  • 2,000 square foot Dr.’s Office
  • 1,500 square foot Dr.’s Office

• Zoning: POI - Professional Office or Institution
• Year Built: 2002
• R.E. Taxes: $26,510.74 (2017)
• Occupancy: 100%
• CAP Rate: 7.2%
• NOI: $200,100 (no management fees)

SALE PRICE: $2,850,000


275 18th St.
Vero Beach, Florida 32960
United States
Sale Type: FOR SALE
Category: Income
Kevin Lambert
Lambert Commercial Real Estate

P: 772-778-2334
M: 772-532-1165
275 18th St.
Vero Beach, Florida 32960
United States
Sale Type: FOR SALE
Category: Income
Kevin Lambert
Lambert Commercial Real Estate

P: 772-778-2334
M: 772-532-1165

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275 18th St.
Vero Beach, Florida 32960
United States
Sale Type: FOR SALE
Category: Income
Kevin Lambert
Lambert Commercial Real Estate

P: 772-778-2334
M: 772-532-1165
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