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Indian River Commons 6110 20th St 2,209 - 9,899 SF of Retail Space Available in Vero Beach, FL 32966
HIGHLIGHTS
- Great Location
- First 60 days rent is free.
- Built out for a day care center.
- Great opportunity to be sharing a plaza with anchor tenants
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 6160 | 4,050 SF | - | 3-5 Years | $37.69 CAD/SF/YR $3.14 CAD/SF/MO $152,644 CAD/YR $12,720 CAD/MO | Triple Net (NNN) | |
| 1st Floor, Ste 6180 | 2,209 SF | - | 3-5 Years | $36.29 CAD/SF/YR $3.02 CAD/SF/MO $80,173 CAD/YR $6,681 CAD/MO | Triple Net (NNN) | |
| 1st Floor, Ste 6195 | 3,640 SF | 12’ - 14’ | 3-5 Years | $25.13 CAD/SF/YR $2.09 CAD/SF/MO $91,461 CAD/YR $7,622 CAD/MO | Triple Net (NNN) |
6140-6198 20th St - 1st Floor - Ste 6160
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
6140-6198 20th St - 1st Floor - Ste 6180
Great space next door to Best Buy. Join new tenant Total Wine & More. Be right next door to the busiest Lowes in Florida.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
6140-6198 20th St - 1st Floor - Ste 6195
Great open space for retail or medical. Great shopping center with anchor tenants like Total Wine, Best Buy, Ross, Michaels and Lowes. Ample parking. New development being done to the mall next door, both shopping center will join together. Big new tenants coming in.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Central Air Conditioning
- Private Restrooms
- Finished Ceilings: 12’ - 14’
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.
SELECT TENANTS AT INDIAN RIVER COMMONS
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Best Buy
- Consumer Electronics
- 1,170
- International
- Firehouse Subs
- Sub Sandwich
- 1,472
- International
- Lowe’s
- Home Improvement
- 2,182
- International
- Michaels
- Art/Crafts
- 1,438
- International
- Ross Dress For Less
- Other Retail
- 2,191
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Best Buy | Consumer Electronics | 1,170 | International |
| Firehouse Subs | Sub Sandwich | 1,472 | International |
| Lowe’s | Home Improvement | 2,182 | International |
| Michaels | Art/Crafts | 1,438 | International |
| Ross Dress For Less | Other Retail | 2,191 | International |
PROPERTY FACTS
| Total Space Available | 9,899 SF | Frontage | 1,081’ on 20th St |
| Center Type | Power Center | Gross Leasable Area | 274,724 SF |
| Parking | 2138 Spaces | Total Land Area | 28.18 AC |
| Stores | 8 | Year Built | 1997 |
| Center Properties | 6 |
| Total Space Available | 9,899 SF |
| Center Type | Power Center |
| Parking | 2138 Spaces |
| Stores | 8 |
| Center Properties | 6 |
| Frontage | 1,081’ on 20th St |
| Gross Leasable Area | 274,724 SF |
| Total Land Area | 28.18 AC |
| Year Built | 1997 |
ABOUT THE PROPERTY
Excellent Location, this property benefits from its location along 20th Street, a major retail corridor with traffic counts of 32,000 vehicles per day. Nearby retailers include Walmart Super-Center, Hobby Lobby, Target, and the adjacent Indian River Mall.
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Indian River Commons | 6110 20th St
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