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Executive Summary

Vero Capital Group is pleased to present the opportunity to acquire a single tenant net leased RNR Tire Express located at 1276 US Highway 1 in Vero Beach, Florida. The existing building is being fully retrofitted and renovated for RNR, with an anticipated opening in June 2026.
RNR Tire Express operates more than 200 locations nationwide and continues to expand across strong suburban markets. The property is positioned along US Highway 1, directly across from a Publix anchored shopping center, within one of Vero Beach’s primary retail and traffic corridors serving the city’s more densely populated residential base.
National Tenant with 200+ Locations
RNR Tire Express operates a large and growing national platform, providing investors with brand recognition and an established operating model in the automotive service sector. The company’s multi state footprint and continued expansion support long term viability and tenant stability.
Renovated Building with June 2026 Opening
The existing structure is being fully renovated to meet RNR’s specifications, delivering a refreshed asset positioned for long term tenancy. The retrofit allows the tenant to occupy a customized space without the risks typically associated with older, unrenovated improvements.
Prime US Highway 1 Location
The property sits on one of Vero Beach’s main north south corridors, providing strong visibility, access, and consistent daily traffic. US Highway 1 serves as a primary commercial spine for the market, connecting residential neighborhoods to the area’s core retail and service uses.
Directly Across from Publix Anchored Center
The site benefits from daily grocery traffic and established retail draw from a dominant shopping center directly across the street. This proximity drives steady consumer activity and reinforces the corridor as a destination for daily needs shopping.
Dense Retail and Residential Corridor
The property is positioned within one of Vero Beach’s most established commercial corridors, featuring a strong concentration of national retailers and daily needs businesses along US Highway 1. The surrounding area is supported by nearby residential neighborhoods, providing a steady customer base and consistent traffic throughout the day.

Property Facts

Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,600 SF
Building Class
C
Year Built/Renovated
1990/2026
Price
$3,492,455 CAD
Price Per SF
$759.23 CAD
Cap Rate
6.25%
NOI
$218,278 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.42 AC
Zoning
CG - General Commercial
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Nearby Major Retailers

Club Pilates
Carrabba's Italian Grill
Five Guys
Checkers
Hurricane Grill & Wings
Starbucks
Publix
Planet Fitness
TD Bank
Seacoast Bank

Property Taxes

Property Taxes

Parcel Number
33-39-12-00000-1000-00027.1
Land Assessment
$210,839 CAD
Improvements Assessment
$555,120 CAD
Total Assessment
$765,959 CAD
  • Listing ID: 40217278

  • Date on Market: 2026-04-20

  • Last Updated:

  • Address: 1276 US Highway 1, Vero Beach, FL 32960

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