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Majestic Plaza 929 15th Pl 2,695 SF of Retail Space Available in Vero Beach, FL 32960
HIGHLIGHTS
- Move-in ready suites as well as the opportunity for businesses to build-out their spaces as needed, providing a range of customizable options
- Diverse mix of businesses, including a movie theater, a bowling alley, and a church presents opportunities for retailers
- Below-market rental rates, which can help businesses save on overhead costs and boost their profitability
- Located on the area's major thoroughfare and in a rapidly growing community with improving demographics
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 23A | 2,695 SF | 10’ - 16’ | 5 Years | $26.19 CAD/SF/YR $2.18 CAD/SF/MO $70,577 CAD/YR $5,881 CAD/MO | Triple Net (NNN) |
921-943 15th Pl - 1st Floor - Ste 23A
• ±2,695 SF end-cap space at the Majestic Center • Highly visible end-cap location with new architectural tower feature • Completely new exterior façade – modernized, upscale design • Brand-new interior office build-out • Excellent signage and branding opportunities • Strong street presence and natural light • Ideal for professional office, medical, or service-oriented users • Convenient access and ample parking
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Professional Services Office
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Central Air Conditioning
- Private Restrooms
- Print/Copy Room
- Security System
- Drop Ceilings
- After Hours HVAC Available
- Finished Ceilings: 10’ - 16’
- Hardwood Floors
- Smoke Detector
- End Cap
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.
SITE PLAN
SELECT TENANTS AT MAJESTIC PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Christ Fellowship
- Arts, Entertainment, and Recreation
- -
- -
- Hurricane Grille
- Arts, Entertainment, and Recreation
- -
- -
- LIFT Fitness Gym
- Services
- -
- -
- Majestic Theater
- Arts, Entertainment, and Recreation
- -
- -
- SalonCentric
- Retailer
- -
- -
- Vero Bowl
- Arts, Entertainment, and Recreation
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Christ Fellowship | Arts, Entertainment, and Recreation | - | - |
| Hurricane Grille | Arts, Entertainment, and Recreation | - | - |
| LIFT Fitness Gym | Services | - | - |
| Majestic Theater | Arts, Entertainment, and Recreation | - | - |
| SalonCentric | Retailer | - | - |
| Vero Bowl | Arts, Entertainment, and Recreation | - | - |
PROPERTY FACTS
ABOUT THE PROPERTY
Majestic Plaza offers custom and move-in ready options in a recently modernized retail center along the area’s major thoroughfare. The newly remodeled center presents several turnkey suites that can be ready for move-in within a week and also provides an opportunity for restaurants, medical spaces, and offices to be built-out as needed. Take advantage of below-market rental rates, move-in specials, and an allowance provided by ownership to improve and develop suites as desired. Retailers will find that they have the opportunity to build on the synergy present with a diverse mix of businesses, including the city’s sole movie theater, Majestic 11 Theater, Vero Bowl, and Christ Fellowship Church, which all drive a consistent flow of consumers to the plaza. Businesses relocating to the area can capitalize on rapidly improving demographics, such as the locale’s projected 9% population growth in a five-year period and an average household income of $78,773 within a five-mile radius that nearly doubles the national average. Retailers can also benefit from the $1.1 billion of consumer spending within a 15-minute drive of the property, 57% of which is spent on entertainment, food and drink, apparel, and health care. Majestic Plaza is the ideal location for businesses looking for custom and turnkey options in a rapidly growing community.
- Bus Line
- Dedicated Turn Lane
- Property Manager on Site
- Restaurant
NEARBY MAJOR RETAILERS
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Majestic Plaza | 929 15th Pl
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