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30862862
30862861

1276 US-1, Vero Beach, FL 32960

CM
FL BK3404499
Vero Capital Group
MT
FL SL3418448
Vero Capital Group
JZ
FL SL3595288
Vero Capital Group
Vero Capital Group
Listed by Vero Capital Group
$2,560,000
87 days on market
Updated 86 days ago

RNR Tire Express

Details
Property Type Retail
Sub Type Auto Shop
Square Footage 4,600
Net Rentable (SqFt) 4,600
Cap Rate 6.25%
NOI $160,000
Occupancy 100%
Tenancy Single
Brand/Tenant RNR Tire Express
Lease Type Absolute NNN
Lease Term 10
Lease Expiration 06/01/2036
Remaining Term 10
Rent Bumps Yes
Lease Options 10-5 year
Price per SqFt $557
Broker Co-Op Yes
Class A
Year Built 1990
Year Renovated 2026
Buildings 1
Acreage 0.420
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 06/01/2026
Occupancy Date 06/01/2026
Ground Lease Yes
Ownership Ground Lease

Absolute NNN | Extensive 2026 Renovations

Investment highlights

Renovated Building | Opening June 2026
The existing structure is being fully renovated for RNR’s use, delivering an updated facility built to the tenant’s specifications.

Long-Term Lease with Built-In Rental Growth
The tenant will operate under a 10-year base lease with ten additional five-year renewal options, providing long-term occupancy potential and income stability. The lease begins at $160,000 in annual rent with a 10% increase in year six.

Prime US Highway 1 Location
Positioned on Vero Beach’s primary north–south commercial corridor, the property benefits from strong visibility, direct access, and consistent daily traffic.

RNR Tire Express – 200+ Stores Nationwide
RNR Tire Express is an established automotive service retailer with more than 200 locations nationwide. The company has a proven operating model and an expanding footprint across multiple states.

Across from Publix-Anchored Shopping Center
Located directly opposite a dominant Publix center, the site benefits from steady grocery-driven traffic and established retail demand.

Listing Contacts

CM
FL BK3404499
Vero Capital Group
MT
FL SL3418448
Vero Capital Group
JZ
FL SL3595288
Vero Capital Group
Vero Capital Group
Listed by Vero Capital Group

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$160,000.00
$13,333.33/mo

Valuation Metrics

0
DSCR
6.25%
Cap Rate
6.25%
ROI

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Additional Information

Name
Charles Moody
License
BK3404499
Brokerage
Vero Capital Group
Brokerage Phone
7725391153
Title
Real Estate Broker
Brokerage Address
601 North Congress Avenue
Name
Michael Talbert
License
SL3418448
Name
Jarett Zackman
License
SL3595288
Brokerage
Vero Capital Group
Brokerage Phone
9172327868
Title
FL
Name
Joseph Pellecchia
License
BK340449
Brokerage
Vero Capital Group
Brokerage Phone
772-539-1153
Title
Real Estate Broker
Brokerage Address
601 North Congress Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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