Connect With Us
Logo

Connect With Us Now!

    Main Content

    See All Photos (14)
    Home > Listings > Sale Leaseback Portfolio
    For Sale
    1595 Old Dixie Highway Vero Beach, FL 32960
    $4,700,000

    About this property

    Property Features:
    – Lease Terms May be Adjusted to Better Suit Investor Needs.
    – Sale-Leaseback Opportunity from Thriving Health and Wellness Organization.
    – The Residential OR Commercial Package may be Purchased Individually!
    – All Buildings Purchased and Renovated within the Past 5 Years.
    – Renovations Vary by Address but Include Fully Interior Renovations, Plumbing and Electrical Upgrades, and Recent Roof HVAC Replacements.

    Current Facility Use:
    – 1406 16th St Vero Beach, FL 32960 – Mental Health Outpatient Services
    https://behavioralhealth.purhealth.us/
    – 6609-6623 N US Highway 1, Fort Pierce, FL 34946 – Detox & Residential Impatient Treatment

    Home


    – 1581 & 1595 Old Dixie Hwy., Vero Beach FL, 32960 – PHP/IOP Addiction & Substance Abuse Programs
    https://healthandwellness.purhealth.us/

    Financial Summary – Lease Terms May be Adjusted to Better Suit Investor Needs
    Parent Company: VBREP LLC
    Total Square Footage: 24,594
    Average Lease Expiration: February 2034 (8 Years Remaining)
    Lease Structure: Triple Net (NNN)
    Current Base Rent: $352,103.46
    Rental Increases: 3% Annual
    Renewal Options: Two, 1-Year Options (3% Increases)
    Landlord Responsibilities: Roof, Structure, Common Area Maintenance (All Operating Expenses Billed Back to Tenant Including Amortized Capital Improvements or Repairs)
    Tenant Responsibilities: All Interior Repairs & Maintenance Incl. HVAC

    PORTFOLIO SUMMARY: Four Commercial Buildings Totaling 24,594 Square Feet.
    NOI: $352,103.46
    CAP RATE: 7.49%
    SALE PRICE: $4,700,000

    Select your date preference
    Loading dates...
      Printable Flyer
      Share

      About this property

      Property Features:
      - Lease Terms May be Adjusted to Better Suit Investor Needs.
      - Sale-Leaseback Opportunity from Thriving Health and Wellness Organization.
      - The Residential OR Commercial Package may be Purchased Individually!
      - All Buildings Purchased and Renovated within the Past 5 Years.
      - Renovations Vary by Address but Include Fully Interior Renovations, Plumbing and Electrical Upgrades, and Recent Roof HVAC Replacements.

      Current Facility Use:
      - 1406 16th St Vero Beach, FL 32960 – Mental Health Outpatient Services
      https://behavioralhealth.purhealth.us/
      - 6609-6623 N US Highway 1, Fort Pierce, FL 34946 – Detox & Residential Impatient Treatment
      https://recovery.purhealth.us/
      - 1581 & 1595 Old Dixie Hwy., Vero Beach FL, 32960 – PHP/IOP Addiction & Substance Abuse Programs
      https://healthandwellness.purhealth.us/

      Financial Summary - Lease Terms May be Adjusted to Better Suit Investor Needs
      Parent Company: VBREP LLC
      Total Square Footage: 24,594
      Average Lease Expiration: February 2034 (8 Years Remaining)
      Lease Structure: Triple Net (NNN)
      Current Base Rent: $352,103.46
      Rental Increases: 3% Annual
      Renewal Options: Two, 1-Year Options (3% Increases)
      Landlord Responsibilities: Roof, Structure, Common Area Maintenance (All Operating Expenses Billed Back to Tenant Including Amortized Capital Improvements or Repairs)
      Tenant Responsibilities: All Interior Repairs & Maintenance Incl. HVAC

      PORTFOLIO SUMMARY: Four Commercial Buildings Totaling 24,594 Square Feet.
      NOI: $352,103.46
      CAP RATE: 7.49%
      SALE PRICE: $4,700,000

      Property Details

      Printable Flyer
      Share

      Connect With Us Now!