PRIME RETAIL/OFFICE INVESTMENT - 2101 Indian River Blvd. $6,995,000

  • PRIME RETAIL/OFFICE INVESTMENT - 2101 Indian River Blvd.
  • PRIME RETAIL/OFFICE INVESTMENT - 2101 Indian River Blvd.
  • PRIME RETAIL/OFFICE INVESTMENT - 2101 Indian River Blvd.
  • PRIME RETAIL/OFFICE INVESTMENT - 2101 Indian River Blvd.
  • PRIME RETAIL/OFFICE INVESTMENT - 2101 Indian River Blvd.
  • PRIME RETAIL/OFFICE INVESTMENT - 2101 Indian River Blvd.
  • PRIME RETAIL/OFFICE INVESTMENT - 2101 Indian River Blvd.
  • PRIME RETAIL/OFFICE INVESTMENT - 2101 Indian River Blvd.
  • PRIME RETAIL/OFFICE INVESTMENT - 2101 Indian River Blvd.

Current Price: $6,995,000
New Price:
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Name Location Type Distance

2101 Indian River Blvd., Vero Beach
• Immaculately Maintained Retail / Office Building
• Hurricane Rated Exterior Insulation and Finish System Protecting Exterior and Insulating Interior (EIFS)
• Gold Travertine Flooring Throughout Common Areas
• 24/7 Fire and Sprinkler System Monitoring
• 24/7 Security Monitoring with Key Card Entry System
• Hurricane Rated Glass and Doors Along Perimeter
• Acuity Brands Light System
• Two Elevators, Two Stairwells, and Incline Platform Lift
• Approx. 4,086 SF of Addt’l Storage can be Rented
• Property Size: 1.41 Acres, with approx. 235 ft. of frontage on Indian River Blvd. and approx. 111 ft. of frontage on 21st Street with clear corner visibility.
• Year Built: 1974; Full Renovation Completed 2011
• Zoning: C-1B
• Utilities: City Water, Sewer, & Electric
• R.E. Taxes: $52,735 (2018)
• Building:
Bldg. 2101 Gross SF = 28,170; Current Rentable SF = 18,638
Bldg. 390 Gross SF = 9,078; Current Rentable SF = 8,278
Total Gross SF 37,248 Total Rentable SF 26,916

NOI: $421,896.34 (Currently 92% Occupied)
CAP RATE: 6.03% (Pro-Forma Rate of 6.65%)

SALE PRICE: $6,995,000


2101 Indian River Blvd.
Vero Beach, Florida 32960
United States
Sale Type: FOR SALE
Category: Income
Ron Lambert
Lambert Commercial Real Estate

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

P: 772-778-2334
M: 772-532-1165
2101 Indian River Blvd.
Vero Beach, Florida 32960
United States
Sale Type: FOR SALE
Category: Income
Ron Lambert
Lambert Commercial Real Estate

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

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

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2101 Indian River Blvd.
Vero Beach, Florida 32960
United States
Sale Type: FOR SALE
Category: Income
Ron Lambert
Lambert Commercial Real Estate

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

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