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
– Highland Avenue and 14th Avenue, Vero Beach Locations – Monitored Sober Living Facilities

Parent Company: VBREP LLC
Total Square Footage: 34,210
Residential Square Footage: 9,616
Commercial Square Footage: 24,594
Average Lease Expiration: February 2034 (8 Years Remaining)
Lease Structure: Triple Net (NNN)
Current Base Rent: $576,745.26
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: Includes Nine Residential Buildings Totaling 9,616 Square Feet and Four Commercial Buildings Totaling 24,594 Square Feet.
TOTAL SF: 34,210
NOI: $559,640.26
CAP RATE: 7.46%
SALE PRICE: $7,500,000
COMMERCIAL BLDG’S. ONLY: $4,700,000
RESIDENTIAL BLDG’S. ONLY: $2,800,000

1406 16th Street, Vero Beach
Building: 2,618 SF Medical Office
Year Built: 1977
Property: .22 Acres with Approx. 140 Ft.
of Frontage on 16th Street
R.E. Taxes: $6,451.13 (2025)
Zoning: C-1 – General Commercial

1581 Old Dixie Hwy, Vero Beach
Building: 3 Buildings totaling in 2,488 SF Mixed Uses
Year Built: 1950, 1955, 2000, 2001
Property: .31 Acres with Approx. 107 Ft.
of Frontage on Old Dixie Highway
R.E. Taxes: $4,866.89 (2025)
Zoning: M – Industrial

1595 Old Dixie Hwy, Vero Beach
Building: 4,714 SF Retail/Office
Year Built: 1952, 1960, 1980
Property: .41 Acres with 124.25 Ft. of
Frontage on 16th Street
R.E. Taxes: $7,199.87 (2025)
Zoning: M – Industrial

6623 N. US Highway 1, Fort Pierce
Building: 14,774 SF Retail/Office
Year Built: 1950
Property: 1.03 Acres with 245.90 Ft. of Frontage on US Hwy 1
R.E. Taxes: $14,094.46 (2025)
Zoning: GC – Commercial General