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Turn-Key Auto Service Center for Lease 2025 US 1 2,378 SF of Retail Space Available in Vero Beach, FL 32960
HIGHLIGHTS
- Prime owner-user auto service opportunity; Turn-key auto shop with all FF&E included in purchase price
- Direct Frontage to US-1 at corner signalized intersection - 12,000 VPD
- Massive 20%+ population growth within 1-mile radius since 2020
- Proven location: 50-year operating history (contact broker for details)
- 3 service bays and large parking lot (space for 20+ vehicles); Bonus Depreciation Eligible
- Car-dependent market with strong inbuilt demand for auto service
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,378 SF | Negotiable | $42.27 CAD/SF/YR $3.52 CAD/SF/MO $100,513 CAD/YR $8,376 CAD/MO | Triple Net (NNN) |
1st Floor
The lease terms include an asking rent of $6,000 per month on a NNN lease structure, with a flexible lease term available upon discussion with the broker. Additionally, the owner is open to entertaining purchase options as part of the lease.
- Lease rate does not include utilities, property expenses or building services
- 3 service bays and large parking lot
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 2,378 SF | Gross Leasable Area | 2,378 SF |
| Property Type | Retail | Year Built | 1954 |
| Property Subtype | Auto Dealership |
| Total Space Available | 2,378 SF |
| Property Type | Retail |
| Property Subtype | Auto Dealership |
| Gross Leasable Area | 2,378 SF |
| Year Built | 1954 |
ABOUT THE PROPERTY
Outstanding owner-user acquisition opportunity for a turn-key auto service facility. The property features a proven location with over 50 years of continuous operation (broker has details), offering direct frontage along US-1 at a high-visibility, signalized corner intersection with traffic counts exceeding 12,000 vehicles per day. Improvements include three fully equipped service bays, a large parking lot with capacity for 20+ vehicles, and all furniture, fixtures, and equipment (FF&E) are included in the purchase price. This is a rare opportunity to secure a highly functional site with significant in-place infrastructure and strong market presence.
- 24 Hour Access
- Corner Lot
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
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Turn-Key Auto Service Center for Lease | 2025 US 1
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