FREESTANDING QSR BUILDING 8905 20th St

8905 20th St , Vero Beach, Florida, 32966 | 3,055 sq.f | $ 1,350,000

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About This Restaurant

Investment Highlights

Roof was resurfaced in 2021 Great visibility to a busy road Located less than a mile away from the I-95 access ramp BUILD TO SUIT & GROUND LEASE OPTIONS AVAILABLE

Executive Summary

Conveniently situated less than a mile from the I-95 access ramp, this former Wendy's site boasts high visibility along a bustling thoroughfare. It is adjacent to a TA Truck Center, ensuring a steady flow of potential customers.The interior of the property requires renovation, as it has remained vacant for over a year. However, the roof was recently resurfaced in 2021, ensuring structural integrity.The property benefits from its proximity to well-established national brands, including Wawa, McDonald's, and a newly constructed RaceTrac gas station.Easy access to the I-95 ramp ensures convenience for commuters and travelers, further enhancing the site's potential as a quick-service destination.Build-to-suit and ground lease options provide flexibility for interested parties to tailor the space to their specific needs and preferences.

Property Details

  • Sale Type    Investment or Owner User
  • Sale Condition    Lease Option
  • Property Type    Retail
  • Property Subtype    Fast Food
  • Building Size    3,055
  • Building Class    B
  • Year Built/Renovated    1995/2005
  • Price    1,350,000
  • Price Per SF    442
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.06
  • Land Acres    1.17 AC

Amenities

  • 24 Hour Access
  • Bus Line
  • Drive Thru

Property Taxes

Parcel Number 33-38-02-00006-0000-00002.0 Improvements Assessment $346,562
Land Assessment $375,906 Total Assessment $722,468
Date Created: 2024-07-16 04:13:33 Last Updated: 2024-07-16 04:13:33
Address: 8905 20th St , Vero Beach, Florida, 32966