www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
27764735
27764736

755 21st St, Vero Beach, FL 32960 For Sale

PN
FL BK3120739, NC No. 281618
SRS Real Estate Partners Tampa
WW
FL SL3257920
SRS Real Estate Partners Tampa
Listed by SRS Real Estate Partners Tampa
$2,980,392
71 days on market
Updated 71 days ago

NNN Goodyear - Vero Beach FL

Details
Property Type Retail
Sub Type Auto Shop, Storefront
Square Footage 7,667
Cap Rate 5.1%
NOI $152,000
Occupancy 100%
Tenancy Single
Brand/Tenant Goodyear Auto Service
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 06/30/2037
Remaining Term 11
Rent Bumps Yes
Lease Options 6 (5-Year)
Broker Co-Op Yes
Year Built 1973
Year Renovated 1995
Buildings 1
Stories 1
Acreage 0.870
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 06/23/2022
Ownership Fee Simple
Sale Condition 1031 exchange

Absolute NNN | Corporate Lease | 10% Increases

Marketing description

Introducing a lucrative investment opportunity in Vero Beach, Florida! This single-tenant Absolute NNN property, with a long-term lease from The Goodyear Tire & Rubber Company, offers 11+ years remaining and scheduled 10% rental increases. Located at 755 21st Street, the property features a corporate lease signature and boasts a solid S&P rating of B+. With a net operating income of $152,000 and a competitive cap rate of 5.10%, this retail outlet with 7,667 SF of rentable area sits on a generous 0.87 AC land area. Perfect for investors seeking a reliable income stream, don't miss out on this prime investment in a strategic location with high traffic flow and strong demographics. Contact us today for more details on this exclusive offering before it's gone!

Listing Contacts

PN
FL BK3120739, NC No. 281618
SRS Real Estate Partners Tampa
WW
FL SL3257920
SRS Real Estate Partners Tampa
Listed by SRS Real Estate Partners Tampa

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$152,000.00
$12,666.67/mo

Valuation Metrics

0
DSCR
5.1%
Cap Rate
5.1%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Patrick Nutt
License
BK3120739
Name
William Wamble
License
SL3257920
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591