PRIME INVESTMENT OPPORTUNITY BUILDING FOR SALE WITH TRIPLE NET LEASE
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Status: Active
Price: $1,200,000.00
Type: Commercial
Square Footage: 3,474
Lot Size: .53
Parcel Number: 33391300000100000035.0
Type of Electric: FPL
Zoning Type: CH- Heavy Commercial
Construction: Masonry
Number / AC: 3
Taxes / Year: $8,173.54 / 2022
Year Built: 1974
Traffic Volume: 30,000
Traffic Volume Year: 22
Address:
685 US HWY 1
Vero Beach, FL 32962
Vero Beach, FL 32962
- The building is 3,474 SF on US HWY 1, Vero Beach, FL, with a Traffic Volume 30,000 per day.
- Lessee Terms: 5 years with an option of 5 Years. With a 4% increase each year.
Situated at 685 US Highway #1 in Vero Beach, this renowned restaurant has been a culinary beacon for over fifty years. Established in 1973 as part of the "Fat Boys BBQ" chain, it has upheld a legacy of culinary distinction throughout the years. In 2007, with a change in ownership, it transitioned to "Smokehouse BBQ," preserving its dedication to being both family-friendly and a hub for business gatherings. Now known as "Caffe 66", it thrives under the guidance of an experienced operator.
